Economic Growth Factor Detection of National-Level Economic and Technological Development Zones in China

Abstract:

The economic growth of National level Economic and Technological Development Zones (NETDZs) affects the sustainable development of NETDZs and their host cities a lot in China. Determinants and mechanism of NETDZs’ economic growth in 2010 is detected by geographical detector. There is a U-shaped spatial pattern by NETDZs’ economic growth rates among the Eastern, Central and Western China. The result of factor detection showed that the top 5 determinants of NETDZs’ economic growth are regionally different in China. External factors are more powerful in Eastern China, while internal factors of NETEZs dominate the economic growth of NETDZs more in Central and Western China. Besides revealing determinants, these results show two universal policy mistakes: blindly lowing land price and encouraging high technology industry, which are proved not effective in prompting the development of NETDZs, but inducing serious problems. Therefore, NETDZs’ economic growth policies should be made and adjusted following the regional determinants and mechanism in different regions and development stages, what’s more, policy mistakes reflected by factor detection should be avoided as well.

• Periodical: Advanced Materials Research (Volumes 1073-1076)
• Pages: 1341-1347
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.1073-1076.1341
• Online since: December 2014
• Authors: Yue Ding, Jian Ming Cai*, Zheng Shan Yang
• Keywords: Determinants, Economic Growth, Factor Detection, NETDZs, Problem

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