What is it about?
Spatial spillover effects are generally overlooked in productiivty and efficiency models despite the literature suggesting the spillover effects of productivity. This paper incorporates the spatial spillover effects of productivity and efficiency by incorporting the geographic distances between provinces and its impact of productivity.
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Why is it important?
As China’s growth slows down and levels out, sustainable development through productivity and efficiency growth becomes increasingly important for China’s future, as maintaining a high level of investment and savings rate is unsustainable. Understanding the spatial spillover effects of productivity and efficiency can provide a deeper understanding of regional growth paths and provide information for policymakers for future policies.
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This page is a summary of: Spatial productivity and efficiency spillovers in the presence of transient and persistent efficiency: Evidence from China’s provinces, Cogent Economics & Finance, March 2020, Taylor & Francis,
DOI: 10.1080/23322039.2020.1735781.
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