A Study of the Impact of the Agglomeration of Productive Services in the Pearl River Delta on High Quality Economic Development
Based on a calculation of the Pearl River Delta Economic High Quality Development Indexes,this article establishes a panel econometric model to study the impact of the agglomeration of productive service industries in the nine cities in the Pearl River Delta on high-quality economic development.Research has found that both specialized and diversified agglomeration of productive service industries in the Pearl River Delta can significantly promote high-quality regional economic development,and have a significant first-order lag effect;the agglomeration of productive service industries has a significant impact on high-quality economic development in the Pearl River Delta region,with the financial industry having the greatest positive impact.However,the transportation,warehousing,and postal industries,as well as the accommodation and catering industries,have a reverse inhibitory effect on high-quality economic development.The research findings can provide beneficial insights for the governments and enterprises to optimize industrial layout,adjust their policy direction,and promote high-quality economic development.
Productive service industrySpecialized agglomerationDiversified agglomerationHigh quality development