关键词: 空间效应, 制度溢出, 市场化指数, 空间计量经济学模型, 经济增长

Abstract: Using Spatial Lag Model and Spatial Error Model, a spatial econometric analysis on institutional spillover effect of marketization degree in China’s provinces and the effect on regional economic growth is performed. The results of spatial analysis show that after nearly 30 years’ development of China’s provincial economies reform and opening, the spatial association becomes closer while geographical clustering obviously intensifies, and the institutional spillover effect among the provinces becomes confessedly. On this basis, we have used spatial econometric models in the contribution of regional marketization on regional growth. The result shows that, on account of spatial institutional spillover effect, the marketization reform explains 6.2 percent of the growth rate for the period 1998-2001 and 10.8 percent of the growth rate for the period 2001-2005, which proves marketization plays an important role in China economy growth.

Key words: Spatial Linkage, Institutional Spillover Effect, Index of Marketization, Spatial Econometric Models, Economic Growth