Exemplary research of industrial colony and the growth of regional economies:Based on comparative analysis of Zhejiang and Shaanxi
Pan Xie
Abstract
Pan Xie
Abstract
In order to probe the relationship between industrial cluster and the growth of regional economy,the interrelated index of economic development and industrial cluster in Zhejiang and Shaanxi from 2000 to 2006 was taken as variables under the frame of Dick Hyatt-Stieglitz,utilizing the model of VAR and Granger test,establishing the multi-dimensional linear regression model and the log-linear model and the error correction model(ECM).After the empirical research it is urgued that regardless of look from the absolute value or the relative quantity,the common reason shows that control income of town dwellers will promote economic growth in Zhejiang and Shaanxi.Besides,the growth of the fixed assets investment makes more important role in the economic growth of Shaanxi province than the growth of regional specialization index((location quotient).The location quotient of the Shaanxi Province economic growth′s function is inferior to the investment in the fixed assets grows.The localization superiority industries and regional economies′ development in Zhejiang and Shaanxi has confirmed that the regional economies growth and the industrial cluster is being related.Therefore,paying attention to the development of industrial cluster,particularly the medium-sized enterprises' cluster,continues to develop the region innovation system,further promotes the development of knowledge intensity industry,in order to promote Shaanxi's economic development.
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In order to probe the relationship between industrial cluster and the growth of regional economy,the interrelated index of economic development and industrial cluster in Zhejiang and Shaanxi from 2000 to 2006 was taken as variables under the frame of Dick Hyatt-Stieglitz,utilizing the model of VAR and Granger test,establishing the multi-dimensional linear regression model and the log-linear model and the error correction model(ECM).After the empirical research it is urgued that regardless of look from the absolute value or the relative quantity,the common reason shows that control income of town dwellers will promote economic growth in Zhejiang and Shaanxi.Besides,the growth of the fixed assets investment makes more important role in the economic growth of Shaanxi province than the growth of regional specialization index((location quotient).The location quotient of the Shaanxi Province economic growth′s function is inferior to the investment in the fixed assets grows.The localization superiority industries and regional economies′ development in Zhejiang and Shaanxi has confirmed that the regional economies growth and the industrial cluster is being related.Therefore,paying attention to the development of industrial cluster,particularly the medium-sized enterprises' cluster,continues to develop the region innovation system,further promotes the development of knowledge intensity industry,in order to promote Shaanxi's economic development.
Key concepts: Economic base analysis, Order (exchange), Index (typography), Fixed asset, Investment (military), Cluster (spacecraft), Economic geography, Empirical research