Research on Interactive Relationship between Industrial Clusters and Regional Economic Competitiveness in Jiangsu Province

Interactive relationship exists between industrial clusters and regional economic competitiveness,while the study on it becomes increasingly important.Based on analysis of the interactive mechanism between industrial clusters and regional economic competitiveness,this paper constructs the evaluation index system for industrial clusters and regional economic competitiveness,uses principal component analysis to measure the industrial clusters and regional economic competitiveness in Jiangsu province,and adopt regression analysis method to proceed an empirical research on their inter-relationship.The results show that there is a high degree of correlation between industrial clusters and regional economic competitiveness in Jiangsu province.The improvement of industrial clusters can greatly improve regional economic competitiveness and vice versa.