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Trend and policy implications of regional industrial agglomeration: an empirical analysis of the manufacturing industries in G uangdong P rovince
Author(s) -
Mao Yanhua,
Yang Benjian,
Lin Shanshan
Publication year - 2014
Publication title -
regional science policy and practice
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.342
H-Index - 8
ISSN - 1757-7802
DOI - 10.1111/rsp3.12053
Subject(s) - economies of agglomeration , economic geography , manufacturing , business , regional science , economics , geography , economic growth , marketing
Advantages stemming from industrial agglomeration and economy of scale have become important drivers of sustained competitiveness for a national or regional economy in the context of globalization and regional integration. Since the reform and opening up in C hina, the economic advantages of agglomeration in G uangdong P rovince, especially in P earl R iver D elta region, have attracted foreign investment and resultant emerging domestic supporting industries. Using entropy index, spatial G ini coefficient and the concentration ratio, this paper summarizes the features of regional economic development and structure changes of the manufacturing industry in G uangdong P rovince, and then analyses the comparative advantage and agglomeration scale, geographical agglomeration degree and dynamic changes, spatial distribution and transfer trend of the manufacturing industry in the Province. The paper also makes a comparison of the agglomeration degree and development trends across different industries. It further provides policy implications of the regional industrial restructuring and the co‐ordinated development of interregional economy concerning agglomeration and diffusion of regional manufacturing industry.