Author: Cheryl Long, Xiaobo Zhang
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 32

Get Book Here

Book Description

Author: Cheryl Xiaoning Long
Publisher:
ISBN:
Category :
Languages : en
Pages : 26

Get Book Here

Book Description
Using firm-level data from China's two recent censuses (Industry Census 1995 and Economic Census 2004) and a new measure of clustering (industry proximity), we show that China's rapid industrialization is marked by increased clustering. A higher degree of clustering is further shown to be associated with greater export growth and higher total factor productivity. We also find supporting evidence that clustering helps ease the credit constraints facing many small and medium enterprises through two mechanisms: (1) within a cluster, finer division of labor lowers the capital barriers to entry and (2) closer proximity makes the provision of trade credit among firms easier. Since both mechanisms reduce the need for external financing, a larger number of firms--and thus greater competition--emerge within clusters, which helps explain the higher levels of exports and total factor productivity. This cluster-based industrialization model fit particularly well with China's comparative advantage during its initial stage of takeoff, which was marked by scarcity of capital and an inefficient financial system. Hence our findings may be helpful to other developing countries with similar factor endowment patterns that are considering cluster-based development strategies.

Author: Xiaobo Zhang
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 36

Get Book Here

Book Description

Author: Xiyi Yang
Publisher:
ISBN: 9781361014004
Category :
Languages : en
Pages :

Get Book Here

Book Description
This dissertation, "Economic Analysis of Industrial Clustering in China" by Xiyi, Yang, 杨锡怡, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: One of the most striking developments during China's economic reforms is the emergence of specialized industrial clusters in rural towns and villages with each contributing to a substantial share of the global product market. Different from the concepts of "clustering" or "geographical agglomeration" defined in existing studies, these clusters are developed under the unique institutional constraints to factor mobility and to entrepreneurship in China. Given the shortcomings of existing measurements, I construct an original measure of clustering which indeed can capture the major features from the reality. Based on this measurement, by using a combination of firm-level and county-level datasets from 1998-2007, I systematically test the economic impacts of clustering on regional growth and inequality, and on firm innovation and exporting. Along with the record-breaking growth, income inequality in China has increased so rapidly that China has become one of the most unequal economies in the world. How the development of clusters interacts with local economic growth and inequality, however, is unknown in the literature. Based on panel estimations, I find that industrial clusters, especially strong clusters or those with a more developed non-state sector, can enhance local economic and employment growth. More importantly, the higher growth does not lead to enlarged income inequality. Instead, counties with clusters consisting of a more developed non-state sector will have a substantially lower urban-rural inequality, driven by the increased income of local rural residents. The results stay robust after addressing the endogeneity issues by thepropensity score matching approach and the instrumental variable (IV) regression approach. On the other hand, though China has long been the factory floor that churns out popular gadgets for companies world-wide, the country's own technology were rarely viewed as leading edge. However, agrowing literature has pointed to the existence of distinctforms of industrial innovationin China that usually involvethe redefinition of existing technologies and the commercialization of new inventions.Given that a large proportion of the country's manufacturing is concentrated within these specialized industrial clusters, how this clustering environment interacts with industrial innovation and exporting of firms is an important but unanswered question. Using a combination of data from the State Intellectual Property Office Patent Database and the Chinese Manufacturing Firm Survey Database, I find that firms within industrial clusters are more likely to generate patent and this effect is amplified if there is a higher density of firms within the cluster, or if there are state-owned enterprises operating in the cluster. Moreover, firms located in industrial clusters will have a higher probability of exporting, especially if there are more private firms or foreign-invested firms within the clusters. Moreover, this effect of clustering on export is likely to operate through the channel of improved firm productivity. Finally, I use instrument variable regression to address the identification issue and establish causality between clustering and improved firm productivity. Subjects: Industrial clusters - China

Author: Zhu Yingming
Publisher: CRC Press
ISBN: 9781420089196
Category : Technology & Engineering
Languages : en
Pages : 0

Get Book Here

Book Description
Taking a close look at the national economic system of China, this book defines industrial clusters, then summarizes their measurement indices and identifies their methods. The author identifies 11 industrial clusters and analyses their structural relationships. He studies the relationships between structures and characters of industrial clusters using the relationship between topological indices and total outputs of industrial clusters. Using a series of economic indices, the book analyses scale distribution, functional type, technologic economic structure relationship, and technologic economic beneficial result. Focal points, cut-in points, and paths of industrial cluster policies round out the coverage.

Author: T. Sonobe
Publisher: Springer
ISBN: 0230295126
Category : Business & Economics
Languages : en
Pages : 272

Get Book Here

Book Description
This book examines how to promote industrial development in low-income countries. It considers the role of traders in the evolution of a cluster, the role of managerial human capital, the effect of the 'China shock', and the role of industrial policies focused on international knowledge transfer in supporting the upgrading of clusters.

Author: Valentina De Marchi
Publisher: Routledge
ISBN: 1351723995
Category : Business & Economics
Languages : en
Pages : 392

Get Book Here

Book Description
The international fragmentation of economic activities – from research and design to production and marketing – described through the lens of the global value chain (GVC) approach impacts the structure and performance of small and medium-sized enterprises (SMEs) agglomerated in economic clusters. The consolidation of GVCs ruled by global lead firms and the recession of 2008-09 exacerbated the pressures on cluster actors that based their competitive advantage on local systems, spurring an increasing heterogeneity, both across and within clusters, that is still overlooked in the literature. Drawing on detailed studies of different industries and countries, Local Clusters in Global Value Chains shows the co-evolutionary trajectories of clusters and GVCs, and the role of firms and their strategies in organizing manufacturing and innovation activities in the context of ongoing technological shifts. The book explores the tension between place-based variables and global drivers of change, and the possibility for territories containing such clusters to prosper in the new global scenario. By adopting insights from the GVC framework and management studies, the book discusses how the internationalization strategies of firms create opportunities as well as constraints for adaptive upgrading in clusters. This book is of interest to both researchers and policy-makers who are interested in the dynamic sources of competitive advantage in the global economy.

Author: Tomoko Hashino
Publisher: Springer
ISBN: 9811001820
Category : Business & Economics
Languages : en
Pages : 201

Get Book Here

Book Description
This book sheds new light on the role of industrial districts in the industrial development of the past and present. Industrial districts, which refer to the geographical concentration of enterprises producing similar or closely related commodities in a small area, play a significant role in the development of manufacturing industries not only historically in Europe and Japan but also at present in emerging East Asian economies, such as China and Vietnam and low-income countries in sub-Saharan Africa. The book identifies similarities in the development patterns of industrial districts in history and the present and analyzes the reasons for these similarities. More specifically, the book examines whether Marshallian agglomeration economies provide sufficient explanations and seeks to deepen understanding about the important factors that are missing. Despite the common issues addressed by economic historians and development economists regarding the advantages of industrial districts for industrial development, discussion of these issues between the two groups of researchers has been largely absent, or at best weak. The purpose of this book is to integrate the results of case studies by economic historians interested in France, Spain, and Japan and those by development economists interested in the contemporary industries still developing in China, Vietnam, Bangladesh, Tanzania, and other countries in sub-Saharan Africa.

Author: Ogechi Adeola
Publisher: Emerald Group Publishing
ISBN: 1839090359
Category : Social Science
Languages : en
Pages : 211

Get Book Here

Book Description
This book examines an indigenous Africa-centric business model practised by the Igbos of south-eastern Nigeria for decades. The unique framework and rules of operation, collectively referred to as the Igbo-Traditional Business School (I-TBS) in this book, is underpinned by the ‘Igba-boi’ apprenticeship.

Author: Shanjun Li, Yanyan Liu, Klaus Deininger
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 28

Get Book Here

Book Description