Spillovers across industries and regions in China’s regional economic diversification
Industrial diversification depends on spillovers from related industries and nearby regions, yet their interaction remains largely unclear. We study economic diversification in China during the period 1990–2015 and present supportive evidence on both spillover channels. We add to the literature by s...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
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Regional Studies
2021
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Online Access: | https://hdl.handle.net/1721.1/130383 |
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author | Gao, Jian Jun, Bogang Pentland, Alex Zhou, Tao Hidalgo, César A. |
author_facet | Gao, Jian Jun, Bogang Pentland, Alex Zhou, Tao Hidalgo, César A. |
author_sort | Gao, Jian |
collection | MIT |
description | Industrial diversification depends on spillovers from related industries and nearby regions, yet their interaction remains largely unclear. We study economic diversification in China during the period 1990–2015 and present supportive evidence on both spillover channels. We add to the literature by showing that these two channels behave as substitutes when explaining new entries and exits, and by using acceleration campaigns of high-speed rail to address some endogeneity concerns with regional spillovers. Our findings confirm the role of relatedness and geographical distance in the diffusion of economic capabilities and support the idea that improvements in transportation can facilitate the diffusion of productive capabilities. |
first_indexed | 2024-09-23T15:13:55Z |
format | Article |
id | mit-1721.1/130383 |
institution | Massachusetts Institute of Technology |
language | English |
last_indexed | 2024-09-23T15:13:55Z |
publishDate | 2021 |
publisher | Regional Studies |
record_format | dspace |
spelling | mit-1721.1/1303832021-04-07T03:06:21Z Spillovers across industries and regions in China’s regional economic diversification Gao, Jian Jun, Bogang Pentland, Alex Zhou, Tao Hidalgo, César A. Industrial diversification depends on spillovers from related industries and nearby regions, yet their interaction remains largely unclear. We study economic diversification in China during the period 1990–2015 and present supportive evidence on both spillover channels. We add to the literature by showing that these two channels behave as substitutes when explaining new entries and exits, and by using acceleration campaigns of high-speed rail to address some endogeneity concerns with regional spillovers. Our findings confirm the role of relatedness and geographical distance in the diffusion of economic capabilities and support the idea that improvements in transportation can facilitate the diffusion of productive capabilities. 2021-04-06T13:16:46Z 2021-04-06T13:16:46Z 2021-03-31 Article https://hdl.handle.net/1721.1/130383 Gao, J., Jun, B., Pentland, A. S., Zhou, T., & Hidalgo, C. A. (2021). Spillovers across industries and regions in China’s regional economic diversification. Regional Studies, 1-16. en Attribution-NonCommercial-ShareAlike 3.0 United States http://creativecommons.org/licenses/by-nc-sa/3.0/us/ application/pdf Regional Studies |
spellingShingle | Gao, Jian Jun, Bogang Pentland, Alex Zhou, Tao Hidalgo, César A. Spillovers across industries and regions in China’s regional economic diversification |
title | Spillovers across industries and regions in China’s regional economic diversification |
title_full | Spillovers across industries and regions in China’s regional economic diversification |
title_fullStr | Spillovers across industries and regions in China’s regional economic diversification |
title_full_unstemmed | Spillovers across industries and regions in China’s regional economic diversification |
title_short | Spillovers across industries and regions in China’s regional economic diversification |
title_sort | spillovers across industries and regions in china s regional economic diversification |
url | https://hdl.handle.net/1721.1/130383 |
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