Geography, Spatial Externalities and Institution Evolution: How Can Marketization Reshape China's Economic Geography?
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| Title | Geography, Spatial Externalities and Institution Evolution: How Can Marketization Reshape China's Economic Geography?
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| Author | Yuan Qian |
| Organization | The School of Economics at Renmin University of China |
| Email | yuanqianyu20070917@163.com |
| Key Words | First Nature; Second Nature; Marketization; Spatial Balanced Stragety |
| Abstract | This paper addresses the complex relationship between marketization and agglomeration mechanism of China's spatial economy based on panel data of prefecture-level city. It is found that the first nature and the second nature explain 7% and 38.7% of spatial agglomeration while the first nature is going up and the second nature going down. Marketization and market integration explains a lot of this change. While marketization weakens the effects of technological externalities and pecuniary externalities, market integration weakens the effects of technological externalities. In the future China should put more emphasis on the first nature and take a more balanced spatial strategy. |
| Serial Number | WP920 |
| Time | 2015-09-22 |
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