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| CULTURAL INDUSTRY DRIVING MECHANISM IN THE DEVELOPMENT OF REGIONAL ECONOMY: BASED ON PROVINCIAL PANEL DATA ANALYSIS |
| XUE Yang |
| School of Economics & Finance, Xi'an Jiaotong University, Xi'an 710061, China |
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Abstract This paper studies the internal drive mechanism of Chinese Cultural Industry to the economic development, using panel data covering China's 31 provinces which have different economic growth and income status, from the year of 1996 to 2013. The result shows that:Firstly, as the inputs to cultural industry and outputs from the cultural industry expand, the regional GDP and per capita GDP grow accordingly. These factors play a significant role in the economic growth. Furthermore, the interaction between inputs and outputs, which contains many development chances and business factors, will increase the driving force for regional economy. Secondly, cultural industries mainly contribute to the growth of tourism and other service industries, all of which belong to the important tertiary industry. Now, as the tertiary industry brings about over half of the regional total income, the significant role of cultural industry is obvious. Thirdly, the analytical result shows an important phenomenon:the economic pull effect of cultural industry shows large regional difference:the driving effect is the obvious in Chinese western areas, and is comparatively weaker in the middle and eastern areas. As a matter of fact, the western regions need faster growth more than any other regions. Therefore, as China's economic development transits from the extensive growth to the new kind of growth with environmental protection and low resources consumption, to further increase the policy support for the development of cultural industries, and to promote cultural industry's overall scale are important to industrial structure optimizing and economic development. In addition, preferential development policies to the western areas are helpful to the cultural industry scale effect, and can assist the development of these regions.
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Received: 05 March 2016
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2016, Vol. 31 
