Trend and policy implications of regional industrial agglomeration: an empirical analysis of the manufacturing industries in Guangdong Province
In: Regional science policy and practice: RSPP, Band 6, Heft 4, S. 361-382
ISSN: 1757-7802
AbstractAdvantages 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 China, the economic advantages of agglomeration in Guangdong Province, especially in Pearl River Delta region, have attracted foreign investment and resultant emerging domestic supporting industries. Using entropy index, spatial Gini coefficient and the concentration ratio, this paper summarizes the features of regional economic development and structure changes of the manufacturing industry in Guangdong Province, 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.