Quality of life and regional economic development: Evidence from China

PLoS One. 2024 May 16;19(5):e0298389. doi: 10.1371/journal.pone.0298389. eCollection 2024.

Abstract

With the development of China's economy entering a new stage, the quality of life, which centers on the well-being of residents, provides an essential hand in promoting the transformation of the regional economy from high-speed development to high-quality development. Based on a panel threshold regression model, we examine in this paper whether quality of life helps regional economies realize developmental convergence. The research shows that: (1) The quality of life overall can promote regional economic development and passes the series test with relatively robust results. (2) The quality of life has a non-linear effect on regional economic growth, which is mainly manifested in the fact that the impact is more significant in regions with higher levels of quality of life and weaker in regions with lagging quality of life and may widen the gap between regions at the same time. (3) We categorize the study regions to test further regional heterogeneity based on regional location and development status. At the Quality of Life Level-I regions, their influence on economic development has a more substantial pulling effect. Therefore, each region should seize the strategic opportunity to improve the quality of life, focus on the balanced development of the quality of life, strengthen policy support and social security, and strive to promote the coordinated development of China's regional economy.

MeSH terms

  • China
  • Economic Development*
  • Humans
  • Quality of Life*

Grants and funding

This research was funded by The Research Funds for Key Research Bases of Humanities and Social Sciences in Higher Education Institutions in Hebei Province. The funders had no role in study design, data collection and analysis, decision to publish, or preparation of the manuscript. But the authors received no specific funding for this work.