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    Why Geographic Dispersion Before Its Time: Industrial Policy and Economic Geography in the People’s Republic of China

    Wu, Yiyun; Zhu, Xiwei | January 2017
    Abstract
    This paper investigates the trends and determinants of geographic concentration and industrial specialization in the People’s Republic of China (PRC) using interprovincial panel data for the period from 1999 to 2010. It shows that, after 2005, both geographic concentration and industrial specialization began to decrease, resulting in an increased similarity of provincial industrial structure. Industrial policies of provincial governments cause geographic dispersion and inverse specialization. The result is robust when using instrumental variables to deal with possible reverse causality and omitted variable problems. The mechanism behind this is that central government industrial policy, which tends to last for several years, is an important reference document for each provincial planner. This causes the less-developed regions to deviate from their comparative advantages, resulting in a combination of insufficient geographic concentration and inverse specialization in the PRC.
    Citation
    Wu, Yiyun; Zhu, Xiwei. 2017. Why Geographic Dispersion Before Its Time: Industrial Policy and Economic Geography in the People’s Republic of China. © Asian Development Bank Institute. http://hdl.handle.net/11540/6790.
    Keywords
    Industrialization
    Industrial Economics
    Industrial Development
    Industrial Policy
    Technology assessment
    Commerce and Industry
    Intra-Industry Trade
    Large Scale Industry
    Labor
    Technical Evaluation
    Results-Based Monitoring And Evaluation
    Performance Evaluation
    Capital market
    Developing countries
    Market share
    Labor
    Technology transfer
    Cumulative effects assessment
    Job analysis
    Task analysis
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/6790
    Metadata
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    adbi-wp633.pdf (724.0Kb)
    Author
    Wu, Yiyun
    Zhu, Xiwei
    Theme
    Industry
    Evaluation
    Small Medium Business

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    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise