Industrial clustering and agglomeration economy in Yangtze river delta of China

This paper examines the existence of the two effects of agglomeration economies: localisation and urbanisation, in the eleven cities in Yangtze River Delta from the period 1993 to 2006. Factors contributing to agglomeration economies are identified. A production function is then formulated using two...

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Main Author: Nah, Li Chuan
Other Authors: Liu, Yunhua
Format: Final Year Project
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/2162
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Institution: Nanyang Technological University
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spelling sg-ntu-dr.10356-21622019-12-10T12:53:20Z Industrial clustering and agglomeration economy in Yangtze river delta of China Nah, Li Chuan Liu, Yunhua School of Humanities and Social Sciences DRNTU::Social sciences::Economic development::China This paper examines the existence of the two effects of agglomeration economies: localisation and urbanisation, in the eleven cities in Yangtze River Delta from the period 1993 to 2006. Factors contributing to agglomeration economies are identified. A production function is then formulated using two-way random effects to estimate the effects of agglomeration economies within the eight industrial groups in the Yangtze River Delta. It was found that while localisation effects are palpable in certain industries, urbanisation effects are less evident. The analysis would help policy makers decide whether they should favour specialisation or diversification for the different industries. Other implications such as relatively insignificant contribution of labour towards productivity and the forces that are hindering agglomeration effects in the regional would also be examined. Policy actions would then be recommended to improve the overall productivity of the region. Bachelor of Arts 2008-09-16T06:35:44Z 2008-09-16T06:35:44Z 2008 2008 Final Year Project (FYP) http://hdl.handle.net/10356/2162 Nanyang Technological University application/pdf
institution Nanyang Technological University
building NTU Library
country Singapore
collection DR-NTU
topic DRNTU::Social sciences::Economic development::China
spellingShingle DRNTU::Social sciences::Economic development::China
Nah, Li Chuan
Industrial clustering and agglomeration economy in Yangtze river delta of China
description This paper examines the existence of the two effects of agglomeration economies: localisation and urbanisation, in the eleven cities in Yangtze River Delta from the period 1993 to 2006. Factors contributing to agglomeration economies are identified. A production function is then formulated using two-way random effects to estimate the effects of agglomeration economies within the eight industrial groups in the Yangtze River Delta. It was found that while localisation effects are palpable in certain industries, urbanisation effects are less evident. The analysis would help policy makers decide whether they should favour specialisation or diversification for the different industries. Other implications such as relatively insignificant contribution of labour towards productivity and the forces that are hindering agglomeration effects in the regional would also be examined. Policy actions would then be recommended to improve the overall productivity of the region.
author2 Liu, Yunhua
author_facet Liu, Yunhua
Nah, Li Chuan
format Final Year Project
author Nah, Li Chuan
author_sort Nah, Li Chuan
title Industrial clustering and agglomeration economy in Yangtze river delta of China
title_short Industrial clustering and agglomeration economy in Yangtze river delta of China
title_full Industrial clustering and agglomeration economy in Yangtze river delta of China
title_fullStr Industrial clustering and agglomeration economy in Yangtze river delta of China
title_full_unstemmed Industrial clustering and agglomeration economy in Yangtze river delta of China
title_sort industrial clustering and agglomeration economy in yangtze river delta of china
publishDate 2008
url http://hdl.handle.net/10356/2162
_version_ 1681040739701620736