Market integration and economic growth

被引:2
|
作者
Lyu, Shiqi [1 ]
Chen, Zexian [2 ]
Pan, Simei [3 ]
Liu, Lianhua [3 ]
机构
[1] Guangdong Univ Finance & Econ, Sch Finance, Guangzhou, Guangdong, Peoples R China
[2] McGill Univ, Desautels Fac Management, Montreal, PQ, Canada
[3] Guangzhou Huashang Coll, Dept Business Adm, Guangzhou, Guangdong, Peoples R China
来源
PLOS ONE | 2023年 / 18卷 / 11期
关键词
TRADE BARRIERS; RAZORS EDGE;
D O I
10.1371/journal.pone.0294467
中图分类号
O [数理科学和化学]; P [天文学、地球科学]; Q [生物科学]; N [自然科学总论];
学科分类号
07 ; 0710 ; 09 ;
摘要
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.
引用
收藏
页数:23
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