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THE IMPACT OF AGGLOMERATION MODES AND ITS DRIVING FACTORS ONINDUSTRY GROWTH——An Empirical Study Based on Zhejiang Manufacturing Industry

Chi Ren-yon

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Abstract

Traditional manufacturing industries were facing severe challenges under the economic transition,especially in some regions where industrial concentration degree were much higher.The domino effects caused by industrial recession brought huge impacts on the local economic development and social stability.This paper analyzed the relationship between the agglomeration characteristics,agglomeration modes and the industry growth,and made a further discussion on the driving factors of industrial agglomeration.The empirical results showed that there was a significant relationship between the agglomeration characteristics,agglomeration modes and the industry growth.Among the driving factors of industrial agglomeration,technological change,economic fluctuation,policy effects,core enterprise group and the factor cost played important influences on the industrial agglomeration modes,and determines the industrial development track.

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What this paper is about

Traditional manufacturing industries were facing severe challenges under the economic transition,especially in some regions where industrial concentration degree were much higher.The domino effects caused by industrial recession brought huge impacts on the local economic development and social stability.This paper analyzed the relationship between the agglomeration characteristics,agglomeration modes and the industry growth,and made a further discussion on the driving factors of industrial agglomeration.The empirical results showed that there was a significant relationship between the agglomeration characteristics,agglomeration modes and the industry growth.Among the driving factors of industrial agglomeration,technological change,economic fluctuation,policy effects,core enterprise group and the factor cost played important influences on the industrial agglomeration modes,and determines the industrial development track.

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Available abstract

Traditional manufacturing industries were facing severe challenges under the economic transition,especially in some regions where industrial concentration degree were much higher.The domino effects caused by industrial recession brought huge impacts on the local economic development and social stability.This paper analyzed the relationship between the agglomeration characteristics,agglomeration modes and the industry growth,and made a further discussion on the driving factors of industrial agglomeration.The empirical results showed that there was a significant relationship between the agglomeration characteristics,agglomeration modes and the industry growth.Among the driving factors of industrial agglomeration,technological change,economic fluctuation,policy effects,core enterprise group and the factor cost played important influences on the industrial agglomeration modes,and determines the industrial development track.

Key concepts: Economies of agglomeration, Economic geography, Technological change, Empirical research, Manufacturing, Recession, Industrial organization, Economics

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