earticle

영어

We show that, contrary to the belief of linear analysis of international economic growth, it is necessary nonlinear analysis for the Chinese economy to capture economic reformation for extended period from 1952 to 2009. To consider the properties, we provide theoretical justification for nonlinear extension and suggest recently developed empirical specifications to test it. With regional constructed dataset, the results provide supportive evidence for the nonlinear approaches, which is unable to capture with linear form based analysis. The results imply economic change that accompany transition plays an important role to testing the convergence hypothesis.