Work

Research on Spatial Spillovers of Industries Development in Urban Agglomerations of the Guangdong, Hong Kong and Macau Greater Bay Area —Based on Spatial Panel SpVAR Model

Year: 2018

Type: conference-paper

Abstract: Based on data from 2005 to 2016, this paper analyzes the spatial spillovers of urban agglomerations in Guangdong-Hong Kong-Macau Greater Bay Area by using spatial panel SpVAR Model.The results show that the spatial spillover of industry sector of the urban agglomerations in the Pearl River Delta is relatively significant.However, the spatial spillover of the industry sector and service sector of the urban agglomerations in the Great Bay Area need to be strengthened.The industry sector, after being proactively shocked, will bring about positive external impacts, these impacts will last for a while until they vanish.Whereas, the service sector, after being proactively shocked, will also bring about positive impacts, but these impacts will turn negative in the following period of time, these impacts will last as well until they vanish.

Source: International Conference on Politics, Economics and Law (ICPEL)

DOI: 10.2991/icpel-18.2018.75

Authors: Yan Wu, Jiawei He

Institutions: Beijing Institute of Technology, University of Macau

Language: English

Topic: Agglomeration and Urban Systems

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Sustainable cities and communities, Decent work and economic growth

Open Access status: hybrid

OpenAlex ID: W2908347151