Title: The relationship between economic growth and the development of industrial cluster and city group
Authors: Yanyun Chen; Mingming Xi; Kun Liao; Fang Wang
Addresses: Economy and Development Research Institute, Jiangxi University of Finance and Economics, No. 169, East Shuanggang Road, Changbei, Nanchang, Jiangxi 330013, China ' Economy and Development Research Institute, Jiangxi University of Finance and Economics, No. 169, East Shuanggang Road, Changbei, Nanchang, Jiangxi 330013, China ' Department of Finance and Supply Chain Management, Central Washington University, 20000 68th Avenue W Lynnwood, WA 98036, USA ' Department of Finance and Supply Chain Management, Central Washington University, 20000 68th Avenue W Lynnwood, WA 98036, USA
Abstract: This study elaborates on the relationship between economic growth and the development of industrial cluster and city group. It structures the panel regression model of GDP growth rate on agglomeration index of industrial cluster and city group in China. The results demonstrate a significantly positive effect of industrial agglomeration, urban agglomeration and their interaction on regional economic growth, but this effect is not monotonically increasing. In addition, we find that the promoting effect varies across the geographical regions, specifically, the impact is greater in the eastern regions than the central and western regions.
Keywords: economic growth; industrial cluster; city group.
DOI: 10.1504/IJTPM.2018.092297
International Journal of Technology, Policy and Management, 2018 Vol.18 No.2, pp.155 - 163
Received: 28 Oct 2016
Accepted: 04 Jul 2017
Published online: 14 Jun 2018 *