TITLE:
Analysis of Regional Industrial Specialization Difference in China & Decomposition Approaches Based on Regression Function: A Case Study of Guangdong Province
AUTHORS:
Jingzhang Liu, Yelan Wu
KEYWORDS:
Dynamic Panel, Regional Industrial Specialization, Regional Difference, Decomposition of Inequality
JOURNAL NAME:
Modern Economy,
Vol.8 No.1,
January
11,
2017
ABSTRACT: This paper used
the dynamic panel data from 2004 to 2013 of 21 municipalities in Guangdong
Province to study the tendency and the influence factors of regional industrial
specialization. We found that in the sample period, the difference of regional industrial specialization showed staged
change, however, it kept an uptrend overall. Based
on the inequality decomposition of regression equation, we found that the
regional original industry specialization was the most important factor of
regional industry specialization difference, followed by market potential, wage
level, total factor productivity, capital shock, opening degree, reform
progress and transport infrastructure. This
empirical result indicated the direction of the industrial structure
transformation and industry policies formulation in Guangdong Province.