THE IMPACT OF URBAN FUNCTION ON ECONOMIC GROWTH FROM A SPATIAL ECONOMETRICS PERSPECTIVE: A CASE OF PRD URBAN AGGLOMERATIONS
WANG Zhi-yong1,2, YE Xiang-song2, LIN Zhong-hao1
1. The Research Center for Guangdong-Hong Kong-Macao Greater Bay Area, Guangdong University of Finance & Economics, Guangzhou 510320, China;
2. Economics and Statistics School, Guangzhou University, Guangzhou 510006, China
Abstract：Based on the data of 9 cities in the Pearl River Delta (PRD) from 2003 to 2017, this paper constructs a Spatial Durbin Model (SDM) and urban geographic system fractal model to analyzes the influence of urban function on economic growth. The results show that: 1) Specialized development consider inter-city functional complementarity can not only promote local economic growth but also generate spatial spillover effects on other cities. 2) Focusing only on the specialization of urban functions has no significant promoting effect on local economic growth, and will generate spatial crowding out effect on other cities. 3) Focusing only on inter-city functional complementarity inhibits local economic growth, and will generate spatial crowding out effect on other cities. Finally, the article also explores the mechanism of functional complementarity between cities on economic growth. This paper analyzes the influence of inter-city functional complementarity on economic growth, which reflects the coordination and systematicness of regional economy, and can better understand and grasp the inherent law of urban function and economic growth.
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WANG Zhi-yong, YE Xiang-song, LIN Zhong-hao. THE IMPACT OF URBAN FUNCTION ON ECONOMIC GROWTH FROM A SPATIAL ECONOMETRICS PERSPECTIVE: A CASE OF PRD URBAN AGGLOMERATIONS. HUMAN GEOGRAPHY, 2021, 36(1): 94-103,134.
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