Market integration and economic growth.
This study empirically examines the interplay between market integration and economic growth across nine cities within the Pearl River Delta urban agglomeration. The findings indicate that the city cluster's market integration negatively impacts regional economic development and has a negligibl...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Public Library of Science (PLoS)
2023-01-01
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| Series: | PLoS ONE |
| Online Access: | https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0294467&type=printable |
| _version_ | 1797394665069084672 |
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| author | Shiqi Lyu Zexian Chen Simei Pan Lianhua Liu |
| author_facet | Shiqi Lyu Zexian Chen Simei Pan Lianhua Liu |
| author_sort | Shiqi Lyu |
| collection | DOAJ |
| description | This study empirically examines the interplay between market integration and economic growth across nine cities within the Pearl River Delta urban agglomeration. The findings indicate that the city cluster's market integration negatively impacts regional economic development and has a negligible effect on the surrounding areas. In response, the research recommends the elimination of market trade barriers and a reduction in local protectionism within the city cluster. Additionally, infrastructure enhancement is essential to leverage the distinct comparative advantages of each city within the Pearl River Delta urban agglomeration. An efficient collaboration mechanism is crucial to amplify the collective economic potency of the region. |
| first_indexed | 2024-03-09T00:22:05Z |
| format | Article |
| id | doaj.art-2c948fcd39af4afbb98a22100a3066e0 |
| institution | Directory Open Access Journal |
| issn | 1932-6203 |
| language | English |
| last_indexed | 2024-03-09T00:22:05Z |
| publishDate | 2023-01-01 |
| publisher | Public Library of Science (PLoS) |
| record_format | Article |
| series | PLoS ONE |
| spelling | doaj.art-2c948fcd39af4afbb98a22100a3066e02023-12-12T05:33:20ZengPublic Library of Science (PLoS)PLoS ONE1932-62032023-01-011811e029446710.1371/journal.pone.0294467Market integration and economic growth.Shiqi LyuZexian ChenSimei PanLianhua LiuThis study empirically examines the interplay between market integration and economic growth across nine cities within the Pearl River Delta urban agglomeration. The findings indicate that the city cluster's market integration negatively impacts regional economic development and has a negligible effect on the surrounding areas. In response, the research recommends the elimination of market trade barriers and a reduction in local protectionism within the city cluster. Additionally, infrastructure enhancement is essential to leverage the distinct comparative advantages of each city within the Pearl River Delta urban agglomeration. An efficient collaboration mechanism is crucial to amplify the collective economic potency of the region.https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0294467&type=printable |
| spellingShingle | Shiqi Lyu Zexian Chen Simei Pan Lianhua Liu Market integration and economic growth. PLoS ONE |
| title | Market integration and economic growth. |
| title_full | Market integration and economic growth. |
| title_fullStr | Market integration and economic growth. |
| title_full_unstemmed | Market integration and economic growth. |
| title_short | Market integration and economic growth. |
| title_sort | market integration and economic growth |
| url | https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0294467&type=printable |
| work_keys_str_mv | AT shiqilyu marketintegrationandeconomicgrowth AT zexianchen marketintegrationandeconomicgrowth AT simeipan marketintegrationandeconomicgrowth AT lianhualiu marketintegrationandeconomicgrowth |