Statistical monitoring of economic growth momentum transformation: empirical study of Chinese provinces

Abstract

Statistical monitoring of the level of economic growth momentum transformation is the basis for implementing quantitative policies for economic growth transformation. Based on theoretical analysis and combined with the process of national economic operation, this paper designs an economic growth momentum transformation monitoring indicator system consisting of four dimensions, supply and demand, factors, consumption and trade, using a comprehensive evaluation method to compile the economic growth momentum transformation level index. Using mainland China's provincial data from 2002 to 2021, we calculated the economic growth momentum transformation level of each province and extracted corresponding characteristics. The research found that the economic growth momentum transformation level of provincial economies in China exhibits stage-wise and dimensional differentiation over time, and it has category agglomeration and tiered transfer characteristics in space.

Keywords

• transformation of economic growth momentum
• indicator system
• statistical monitoring
• distribution dynamics
• cluster analysis