This study looks at how the Belt and Road Initiative(BRI)has affected the economic convergence of the Central Asian Turkic Republics,China,Pakistan,and their major diplomatic partners in the Silk Road region.Using bet...This study looks at how the Belt and Road Initiative(BRI)has affected the economic convergence of the Central Asian Turkic Republics,China,Pakistan,and their major diplomatic partners in the Silk Road region.Using beta and sigma convergence models over a predetermined time frame,the research evaluates economic alignment trends statistically and looks into how trade openness,FDI,and human capital affect the convergence process.The research attempts to discover larger causes of convergence,such as institutional quality and geopolitical closeness,by combining econometric analysis with regional economic dynamics.The purpose of the results is to provide policy suggestions that will improve equitable and sustainable economic convergence inside the Silk Road circle,promoting international cooperation and growth.展开更多
Based on the convergence theory, this paper discusses Chinese regional economic inequality among 30 provinces, which are divided into three groups, that is, Traditional Advanced Regions group, New Advanced Regions gro...Based on the convergence theory, this paper discusses Chinese regional economic inequality among 30 provinces, which are divided into three groups, that is, Traditional Advanced Regions group, New Advanced Regions group and Less Developed Regions group. It is verified that regional income growth does not present absolute beta convergence or sigma convergence, but presents conditional beta convergence from 1978 to 2003. Those economic policies of reform and opening-up to the outside world are provided with regionally heterogeneous characteristics and are powerful enough to influence regional performance in growth.展开更多
文摘This study looks at how the Belt and Road Initiative(BRI)has affected the economic convergence of the Central Asian Turkic Republics,China,Pakistan,and their major diplomatic partners in the Silk Road region.Using beta and sigma convergence models over a predetermined time frame,the research evaluates economic alignment trends statistically and looks into how trade openness,FDI,and human capital affect the convergence process.The research attempts to discover larger causes of convergence,such as institutional quality and geopolitical closeness,by combining econometric analysis with regional economic dynamics.The purpose of the results is to provide policy suggestions that will improve equitable and sustainable economic convergence inside the Silk Road circle,promoting international cooperation and growth.
文摘Based on the convergence theory, this paper discusses Chinese regional economic inequality among 30 provinces, which are divided into three groups, that is, Traditional Advanced Regions group, New Advanced Regions group and Less Developed Regions group. It is verified that regional income growth does not present absolute beta convergence or sigma convergence, but presents conditional beta convergence from 1978 to 2003. Those economic policies of reform and opening-up to the outside world are provided with regionally heterogeneous characteristics and are powerful enough to influence regional performance in growth.
