variable name | variable meaning | calculation method |
lngdp | logarithm of the region gdp | take the logarithm of the region gdp |
west develop | western development | virtual variable (0,1) |
gov | government size | (local finance general budget expenditure/region gdp) × 100 |
fdi | foreign direct investment | (the actual amount of foreign investment in the year/region gdp) × 100 |
fai | fixed asset investment | (fixed asset investment/region gdp) × 100 |
industry | industrialization level | the proportion of the second industry in the region as a percentage of gdp (%) |
third industry | industrial structure | the proportion of the tertiary industry in the region as a percentage of gdp (%) |
edu | education level | [population in regular higher education institutions/(regional total population at the end of the year × 10000)] × 100 |
sav | savings rate | (year-end balance of urban and rural residents’ savings/region gdp) × 100 |