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| STUDY ON REGIONAL SPILLOVERS IN ECONOMIC INTEGRATION |
| TENG Li1,2, CAI Di1, LU La-chang1,2 |
1. School of Geography Science, Guangzhou University, Guangzhou 510006, China;
2. Guangzhou Development Research Institute, Guangzhou University, Guangzhou 510006, China |
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Abstract Spillover, which is an important economic geography phenomenon under the new economic background, is a new perspective to examine relationships between different regions. The new economic growth theory contends that any region is situated in an open economic environment, and has dynamic relationship with other regions, and describes spillover as a new source of economic growth, but no empirical research has done to demonstrate the theory. This paper aims to examine the relationship between Guangdong and other domestic regions in China from the views of spillover, which is a non-market factor and has been ignored in the practical of regional cooperation. Conley and Ligon's covariance model is applied in the research to measure the regional spillovers. Also, two factors, which are the traffic distance and information lags, are adopted in the application of the model. The positive spillover means benefit and the negative spillover means deficit. What type the spillover is has great influence on the regional cooperation. The result shows that positive spillovers are found in Guangdong to the other provinces and cities like Shandong and Shanghai, but not found in Guangdong to the province of Sichuan, Gansu, Ningxia and Heilongjiang. Meanwhile, the largest positive spillovers to Guangdong come from Shanghai, Jiangsu and Zhejiang province. Through the comparative analysis of spillovers to and from Guangdong,it is found that the Yangtze River Delta, which is at the same economy development level as Pear River Delta where Guangzhou is located, has positive spillover to Guangdong vice versa. That is also true for the neighboring provinces of Guangdong including Hunan and Hainan which is in the Pan-Pearl River Delta. These are the top 2 positive spillovers. In this research, the authors analyze the factors, including traffic distance measured by the air fares and the information lag between different regions, which could lower the spillover lever, and suggest that the information facilities should be improved to ensure positive spillovers.
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Received: 01 August 2008
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2010, Vol. 25 
