A Case Study on the Spatial Panel Data Model : Factors of China Marine Economy Development
Available Online February 2017.
- https://doi.org/10.2991/mmetss-16.2017.30How to use a DOI?
- Marine economy, Factors, Spatial panel data model.
- Entering the 21st century, China's marine economy has been experiencing rapid development, and the spatial structure of coastal city's marine economy has also changed significantly. This paper, introducing the term "geospatial", chooses a selection of index, with consideration of spatial effects, regarding the factors that affect the regional development of China's marine economy. Based on the panel data of 11 coastal cities and provinces in China between 2000 and 2014, ordinary panel data model and spatial panel data model are constructed to analyze quantitatively the impact of these factors on the regional development of marine economy under different spatial scales. The analysis indicates that spatial Durbin model with the application of spatial effect can make more accurate estimation. The result suggests that capital investment, labor forces, natural resource and foreign direct investment have positive effects on the marine economic growth in China.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Mianmian Hong PY - 2017/02 DA - 2017/02 TI - A Case Study on the Spatial Panel Data Model : Factors of China Marine Economy Development BT - Proceedings of the 2016 International Conference on Modern Management, Education Technology, and Social Science (MMETSS 2016) PB - Atlantis Press SN - 2352-5398 UR - https://doi.org/10.2991/mmetss-16.2017.30 DO - https://doi.org/10.2991/mmetss-16.2017.30 ID - Hong2017/02 ER -