An Empirical Analysis of Economic Growth in Hubei Province Promoted by Economic Openness Based on Three-phase DEA Model
- DOI
- 10.2991/meeah-18.2018.15How to use a DOI?
- Keywords
- economic opening; quality of economic growth; three-stage DEA model
- Abstract
This paper selected 12 major cities in Hubei as the research object and used the three-stage data envelopment analysis method to study the role of economic opening in promoting the quality of economic growth. The study results show that economic opening has a great impact on the economic growth quality of 12 cities in Hubei, but the impact of foreign trade opening and foreign capital opening on the quality of economic growth varies greatly. The main reason for the low quality of economic growth in cities in Hubei Province is the low scale efficiency, and the development of each city's economy is at the stage of increasing returns to scale, the impact of pure technical efficiency is relatively small. Based on the results of the study, the policy recommendations for improving the quality of economic growth in Hubei Province are proposed.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Zhaoyang Wang PY - 2018/12 DA - 2018/12 TI - An Empirical Analysis of Economic Growth in Hubei Province Promoted by Economic Openness Based on Three-phase DEA Model BT - Proceedings of the 2018 International Conference on Management, Economics, Education, Arts and Humanities (MEEAH 2018) PB - Atlantis Press SP - 86 EP - 95 SN - 2352-5398 UR - https://doi.org/10.2991/meeah-18.2018.15 DO - 10.2991/meeah-18.2018.15 ID - Wang2018/12 ER -