Resource abundance and regional development in China
Over the past several decades, China has made tremendous progress in market integration and infrastructure development. Demand for natural resources has increased from the booming coastal economies, causing the terms of trade to favor the resource sector, which is predominantly based in the interior...
| Main Authors: | , , , |
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| Format: | Artículo preliminar |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
2007
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/160207 |
| _version_ | 1855517633409974272 |
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| author | Zhang, Xiaobo Xing, Li Fan, Shenggen Luo, Xiaopeng |
| author_browse | Fan, Shenggen Luo, Xiaopeng Xing, Li Zhang, Xiaobo |
| author_facet | Zhang, Xiaobo Xing, Li Fan, Shenggen Luo, Xiaopeng |
| author_sort | Zhang, Xiaobo |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Over the past several decades, China has made tremendous progress in market integration and infrastructure development. Demand for natural resources has increased from the booming coastal economies, causing the terms of trade to favor the resource sector, which is predominantly based in the interior regions of the country. However, the gap in economic development level between the coastal and inland regions has widened significantly. In this paper, using a panel data set at the provincial level, we show that Chinese provinces with abundant resources perform worse than their resource-poor counterparts in terms of per capita consumption growth. This trend that resource-poor areas are better off than resource-rich areas is particularly prominent in rural areas. Because of the institutional arrangements regarding property rights of natural resources, most gains from the resource boom have been captured either by the government or state owned enterprises. Thus, the windfall of natural resources has more to do with government consumption than household consumption. Moreover, in resource-rich areas, greater revenues accrued from natural resources bid up the price of non-tradable goods and hurt the competitiveness of the local economy. |
| format | Artículo preliminar |
| id | CGSpace160207 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2007 |
| publishDateRange | 2007 |
| publishDateSort | 2007 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1602072025-11-06T05:28:22Z Resource abundance and regional development in China Zhang, Xiaobo Xing, Li Fan, Shenggen Luo, Xiaopeng property rights Over the past several decades, China has made tremendous progress in market integration and infrastructure development. Demand for natural resources has increased from the booming coastal economies, causing the terms of trade to favor the resource sector, which is predominantly based in the interior regions of the country. However, the gap in economic development level between the coastal and inland regions has widened significantly. In this paper, using a panel data set at the provincial level, we show that Chinese provinces with abundant resources perform worse than their resource-poor counterparts in terms of per capita consumption growth. This trend that resource-poor areas are better off than resource-rich areas is particularly prominent in rural areas. Because of the institutional arrangements regarding property rights of natural resources, most gains from the resource boom have been captured either by the government or state owned enterprises. Thus, the windfall of natural resources has more to do with government consumption than household consumption. Moreover, in resource-rich areas, greater revenues accrued from natural resources bid up the price of non-tradable goods and hurt the competitiveness of the local economy. 2007 2024-11-21T09:50:16Z 2024-11-21T09:50:16Z Working Paper https://hdl.handle.net/10568/160207 en Open Access application/pdf International Food Policy Research Institute Zhang, Xiaobo; Xing, Li; Fan, Shenggen; Luo, Xiaopeng. Resource abundance and regional development in China. IFPRI Discussion Paper 713. International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/160207 |
| spellingShingle | property rights Zhang, Xiaobo Xing, Li Fan, Shenggen Luo, Xiaopeng Resource abundance and regional development in China |
| title | Resource abundance and regional development in China |
| title_full | Resource abundance and regional development in China |
| title_fullStr | Resource abundance and regional development in China |
| title_full_unstemmed | Resource abundance and regional development in China |
| title_short | Resource abundance and regional development in China |
| title_sort | resource abundance and regional development in china |
| topic | property rights |
| url | https://hdl.handle.net/10568/160207 |
| work_keys_str_mv | AT zhangxiaobo resourceabundanceandregionaldevelopmentinchina AT xingli resourceabundanceandregionaldevelopmentinchina AT fanshenggen resourceabundanceandregionaldevelopmentinchina AT luoxiaopeng resourceabundanceandregionaldevelopmentinchina |