An Empirical Research on the Convergence of Economic Growth of Coastal provinces and Border provinces in China

Abstract

With China's economy developing, the imbalance of economic growth between Coastal and Border provinces has intensified. This paper selects per capita GDP data of eight coastal provinces and eleven border provinces from 2008 to 2014. Empirical research on the economic growth convergence of these provinces, the convergence will be analyzed from various convergence phenomena (β convergence, σ convergence, Group convergence, stochastic convergence) in the process of economic growth and exploring other possible influencing factors. Finally, according to the results of the calculation and analysis, the paper gives some suggestion on the imbalance of the economic development in the coastal provinces and border provinces.