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The Global Pattern of Urbanization and Economic Growth: Evidence from the Last Three Decades
The relationship between urbanization and economic growth has been perplexing. In this paper, we identify the pattern of global change and the correlation of urbanization and economic growth, using cross-sectional, panel estimation and geographic information systems (GIS) methods. The analysis has b...
Autores principales: | , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Public Library of Science
2014
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4123908/ https://www.ncbi.nlm.nih.gov/pubmed/25099392 http://dx.doi.org/10.1371/journal.pone.0103799 |
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author | Chen, Mingxing Zhang, Hua Liu, Weidong Zhang, Wenzhong |
author_facet | Chen, Mingxing Zhang, Hua Liu, Weidong Zhang, Wenzhong |
author_sort | Chen, Mingxing |
collection | PubMed |
description | The relationship between urbanization and economic growth has been perplexing. In this paper, we identify the pattern of global change and the correlation of urbanization and economic growth, using cross-sectional, panel estimation and geographic information systems (GIS) methods. The analysis has been carried out on a global geographical scale, while the timescale of the study spans the last 30 years. The data shows that urbanization levels have changed substantially during these three decades. Empirical findings from cross-sectional data and panel data support the general notion of close links between urbanization levels and GDP per capita. However, we also present significant evidence that there is no correlation between urbanization speed and economic growth rate at the global level. Hence, we conclude that a given country cannot obtain the expected economic benefits from accelerated urbanization, especially if it takes the form of government-led urbanization. In addition, only when all facets are taken into consideration can we fully assess the urbanization process. |
format | Online Article Text |
id | pubmed-4123908 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2014 |
publisher | Public Library of Science |
record_format | MEDLINE/PubMed |
spelling | pubmed-41239082014-08-12 The Global Pattern of Urbanization and Economic Growth: Evidence from the Last Three Decades Chen, Mingxing Zhang, Hua Liu, Weidong Zhang, Wenzhong PLoS One Research Article The relationship between urbanization and economic growth has been perplexing. In this paper, we identify the pattern of global change and the correlation of urbanization and economic growth, using cross-sectional, panel estimation and geographic information systems (GIS) methods. The analysis has been carried out on a global geographical scale, while the timescale of the study spans the last 30 years. The data shows that urbanization levels have changed substantially during these three decades. Empirical findings from cross-sectional data and panel data support the general notion of close links between urbanization levels and GDP per capita. However, we also present significant evidence that there is no correlation between urbanization speed and economic growth rate at the global level. Hence, we conclude that a given country cannot obtain the expected economic benefits from accelerated urbanization, especially if it takes the form of government-led urbanization. In addition, only when all facets are taken into consideration can we fully assess the urbanization process. Public Library of Science 2014-08-06 /pmc/articles/PMC4123908/ /pubmed/25099392 http://dx.doi.org/10.1371/journal.pone.0103799 Text en © 2014 chen et al http://creativecommons.org/licenses/by/4.0/ This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are properly credited. |
spellingShingle | Research Article Chen, Mingxing Zhang, Hua Liu, Weidong Zhang, Wenzhong The Global Pattern of Urbanization and Economic Growth: Evidence from the Last Three Decades |
title | The Global Pattern of Urbanization and Economic Growth: Evidence from the Last Three Decades |
title_full | The Global Pattern of Urbanization and Economic Growth: Evidence from the Last Three Decades |
title_fullStr | The Global Pattern of Urbanization and Economic Growth: Evidence from the Last Three Decades |
title_full_unstemmed | The Global Pattern of Urbanization and Economic Growth: Evidence from the Last Three Decades |
title_short | The Global Pattern of Urbanization and Economic Growth: Evidence from the Last Three Decades |
title_sort | global pattern of urbanization and economic growth: evidence from the last three decades |
topic | Research Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4123908/ https://www.ncbi.nlm.nih.gov/pubmed/25099392 http://dx.doi.org/10.1371/journal.pone.0103799 |
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