• Title/Summary/Keyword: Inverse U-type Hypothesis

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Trend of Regional Economic Development Disparity, Convergence and Inverse U-type Hypothesis Test in China (중국 지역경제발전 격차의 추세, 수렴과 역U자 가설 검증)

  • KIM, Sang-Wook
    • International Area Studies Review
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    • v.13 no.2
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    • pp.226-253
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    • 2009
  • The study analyzes the trend of regional economic development disparity in China, sets up research period from 1952 to 2008, and uses the after-modified regional GDP data by the first national economic census in 2004. The results as follow. Firstly, the Coefficient of variation(CV) with after-modified GDP data lower than the pre-modified data. Secondly, generally speaking, after-reform and open period's disparity lower than pre-reform and open period. In particular, the regional development disparity increased slowly after 1990, not rapidly. Third, the new cycle of the inverse-U type is appeared from 2002. Fourth, compared with Herfindhal-Hirschman index(HHI) and Theil Entrophy index(TEI), the lower level regions more affect to reduce the disparity in 1980s, and it also affect to reduce the disparity after 2000. Fifth, the convergence hypothesis test finds that the regional economic development disparity has been converged in 1978-2008. Sixth, the inverse-U type hypothesis not has statistical significance, from 1952 to 2008, but it has statistical significance from 1991 to 2008. This result same as the CV and the convergence test.

Urbanization and Economic Growth in China: Test of Williamson's Hypothesis (Williamson 가설검정에 의한 중국의 도시화와 경제성장에 관한 연구)

  • Kim, Jong-Sup
    • International Area Studies Review
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    • v.16 no.3
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    • pp.323-341
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    • 2012
  • In the recent year, the urbanization is emerging as important issue for sustainable development in China. Like the most of the world, urbanization of China is closely related with the domestic market development, the innovation of industrial structure, and the reduction of income cap among regions, urban-rural region and so on. This paper analyzes the impact of urbanization on economic growth using cross section data and time series data of the eastern coastal regions in China. Based on the existing literature, we establish a hypothesis, which is basically the same as Williamson(1965)'s hypothesis, that urbanization promotes the economic growth at the early stages of development but has adverse effects in economies that have reached a certain income level. The results of study are as follows: Using 10-provinces data of the eastern coastal region in China, this paper examines the impact of urbanization on economic growth. Regression results suggest that Williamson's hypothesis is not verified, regardless of estimation methods in two models. Hence, the results show that the impact of urbanization on economic growth has not the inverse U-type function in the eastern coastal region of China.

A Study on the Curvilinear Relationship Between Slack and Innovation : Focus on Moderating Effect of Network Diversity (조직의 여유자원과 혁신간의 비선형관계에 관한 연구 : 네트워크 다양성 조절효과)

  • Kang, Sora;Han, Su Jin
    • Journal of Information Technology Applications and Management
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    • v.27 no.6
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    • pp.181-196
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    • 2020
  • Based on the resource-based perspective, this study seeks to understand the relationship between the organizational slack and innovation, and to demonstrate that there exists a difference in the influence of the organizational slack according to the type of innovation by dividing the types of innovation into exploratory and exploitative innovations. They also want to understand the role that network diversity plays in the relationship between organizational slack and innovation. For this purpose, hypothesis and research models were presented based on resource-based perspectives and empirical analysis was conducted on 171 companies. The analysis confirmed that the impact of organizational slack on exploitative innovation is linear, not non-linear, as expected. In other words, the more resources available, the more productive the enterprise is, and the more resources available to the organization have a positive impact on the innovation. On the other hand, exploratory innovation represented an inverse U-shaped relationship between organizational slack and nonlinearity as expected. The control effect of network diversity was only seen in the relationship between organizational slack and exploratory innovation. Through this study, it provides implications such as the importance of network diversity, which is a relationship between companies, and the difference in the utilization of organizational slack according to the type of innovation.