Evaluation of the contributions of four components of gross domestic product in various regions in China.
Four major components influence the growth of the gross domestic product in Chinese provinces: consumption, investment, transnational exports, and inter-provincial exports. By splitting a competitive input-output table into a non-competitive input-output table, this study used an input-output model...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Public Library of Science (PLoS)
2015-01-01
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| Series: | PLoS ONE |
| Online Access: | http://europepmc.org/articles/PMC4411053?pdf=render |
| _version_ | 1818435204706992128 |
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| author | Sanmang Wu Yalin Lei Li Li |
| author_facet | Sanmang Wu Yalin Lei Li Li |
| author_sort | Sanmang Wu |
| collection | DOAJ |
| description | Four major components influence the growth of the gross domestic product in Chinese provinces: consumption, investment, transnational exports, and inter-provincial exports. By splitting a competitive input-output table into a non-competitive input-output table, this study used an input-output model to measure the contributions of the four components of gross domestic product in various regions in China. We found that international exports drove the growth of the gross domestic product more strongly in the eastern region than in other regions. Investment and inter-provincial exports were the major impetus for gross domestic product growth in the central and western regions. We also found that consumption played a minimal role in driving the growth of the gross domestic product in all regions in China. According to these findings, although various regions can share much in terms of policies to transform the impetus for economic growth, there should be different foci for different regions. Their shared policy is to increase the role of final consumption in stimulating economic growth. Region-specific policies mandate that the eastern region should strengthen the driving force provided by international exports and that the central and western regions should strengthen indigenous growth capabilities by improving scientific innovation, industrial support, and institutional innovation. |
| first_indexed | 2024-12-14T16:49:10Z |
| format | Article |
| id | doaj.art-650836995af7436f951102c38f38d4ee |
| institution | Directory Open Access Journal |
| issn | 1932-6203 |
| language | English |
| last_indexed | 2024-12-14T16:49:10Z |
| publishDate | 2015-01-01 |
| publisher | Public Library of Science (PLoS) |
| record_format | Article |
| series | PLoS ONE |
| spelling | doaj.art-650836995af7436f951102c38f38d4ee2022-12-21T22:54:06ZengPublic Library of Science (PLoS)PLoS ONE1932-62032015-01-01104e012159410.1371/journal.pone.0121594Evaluation of the contributions of four components of gross domestic product in various regions in China.Sanmang WuYalin LeiLi LiFour major components influence the growth of the gross domestic product in Chinese provinces: consumption, investment, transnational exports, and inter-provincial exports. By splitting a competitive input-output table into a non-competitive input-output table, this study used an input-output model to measure the contributions of the four components of gross domestic product in various regions in China. We found that international exports drove the growth of the gross domestic product more strongly in the eastern region than in other regions. Investment and inter-provincial exports were the major impetus for gross domestic product growth in the central and western regions. We also found that consumption played a minimal role in driving the growth of the gross domestic product in all regions in China. According to these findings, although various regions can share much in terms of policies to transform the impetus for economic growth, there should be different foci for different regions. Their shared policy is to increase the role of final consumption in stimulating economic growth. Region-specific policies mandate that the eastern region should strengthen the driving force provided by international exports and that the central and western regions should strengthen indigenous growth capabilities by improving scientific innovation, industrial support, and institutional innovation.http://europepmc.org/articles/PMC4411053?pdf=render |
| spellingShingle | Sanmang Wu Yalin Lei Li Li Evaluation of the contributions of four components of gross domestic product in various regions in China. PLoS ONE |
| title | Evaluation of the contributions of four components of gross domestic product in various regions in China. |
| title_full | Evaluation of the contributions of four components of gross domestic product in various regions in China. |
| title_fullStr | Evaluation of the contributions of four components of gross domestic product in various regions in China. |
| title_full_unstemmed | Evaluation of the contributions of four components of gross domestic product in various regions in China. |
| title_short | Evaluation of the contributions of four components of gross domestic product in various regions in China. |
| title_sort | evaluation of the contributions of four components of gross domestic product in various regions in china |
| url | http://europepmc.org/articles/PMC4411053?pdf=render |
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