Economics, Econometrics and Finance
3 years ago

Industrial upgrading boosts high-quality economic development in Guangdong and Guangxi.

Research on the Impact of Industry Upgrading on High-quality Economic Development in Guangdong and Guangxi
Cheyuan Liu, Liu Maohua, Ma Susu, Zeng Xiarui

Paper Summary

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The study looked at how upgrading industries in Guangdong and Guangxi impacts economic development. They created a system to measure economic development quality and analyzed data from 2000 to 2018. They found that improving industrial structure can boost economic development in Guangdong, but advanced industries may slow it down. Overall, upgrading industries can help improve the economy in these regions.