Impact of industrial agglomeration on Chinas residents' consumption

Residents’ consumption is a good indicator of people’s livelihoods and one of the motivations driving economic growth. There are many studies on the influencing factors of residents’ consumption; however, few have studied the effects of industrial agglomeration on residents’ consumption, and even fe...

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Main Authors: Zhang, Suhua, Bani, Yasmin, Selamat, Aslam Izah, Abdul Ghani, Judhiana
Format: Article
Published: Multidisciplinary Digital Publishing Institute 2022
Online Access:http://psasir.upm.edu.my/id/eprint/101792/
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author Zhang, Suhua
Bani, Yasmin
Selamat, Aslam Izah
Abdul Ghani, Judhiana
author_facet Zhang, Suhua
Bani, Yasmin
Selamat, Aslam Izah
Abdul Ghani, Judhiana
author_sort Zhang, Suhua
building UPM Institutional Repository
collection Online Access
description Residents’ consumption is a good indicator of people’s livelihoods and one of the motivations driving economic growth. There are many studies on the influencing factors of residents’ consumption; however, few have studied the effects of industrial agglomeration on residents’ consumption, and even fewer have studied the spatial correlation of residents’ consumption. The goal of this paper is to research the impact of China’s manufacturing industrial agglomeration on residents’ consumption from a spatial perspective. Using data on China’s 31 provinces from 2003 to 2019 and the spatial Durbin model, our results show that the manufacturing industrial agglomeration and residents’ consumption present an inverted “U-shape” relationship and that different regions show different effects. Industrial agglomeration in the eastern region is relatively high and has a restraining effect on residents’ consumption, while industrial agglomeration in the central and western regions is at an early stage and promotes residents’ consumption. Therefore, different regions should adopt different industrial agglomeration policies.
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spelling upm-1017922023-06-15T21:35:28Z http://psasir.upm.edu.my/id/eprint/101792/ Impact of industrial agglomeration on Chinas residents' consumption Zhang, Suhua Bani, Yasmin Selamat, Aslam Izah Abdul Ghani, Judhiana Residents’ consumption is a good indicator of people’s livelihoods and one of the motivations driving economic growth. There are many studies on the influencing factors of residents’ consumption; however, few have studied the effects of industrial agglomeration on residents’ consumption, and even fewer have studied the spatial correlation of residents’ consumption. The goal of this paper is to research the impact of China’s manufacturing industrial agglomeration on residents’ consumption from a spatial perspective. Using data on China’s 31 provinces from 2003 to 2019 and the spatial Durbin model, our results show that the manufacturing industrial agglomeration and residents’ consumption present an inverted “U-shape” relationship and that different regions show different effects. Industrial agglomeration in the eastern region is relatively high and has a restraining effect on residents’ consumption, while industrial agglomeration in the central and western regions is at an early stage and promotes residents’ consumption. Therefore, different regions should adopt different industrial agglomeration policies. Multidisciplinary Digital Publishing Institute 2022 Article PeerReviewed Zhang, Suhua and Bani, Yasmin and Selamat, Aslam Izah and Abdul Ghani, Judhiana (2022) Impact of industrial agglomeration on Chinas residents' consumption. Sustainability, 14 (7). art. no. 4364. pp. 1-18. ISSN 2071-1050 https://www.mdpi.com/2071-1050/14/7/4364 10.3390/su14074364
spellingShingle Zhang, Suhua
Bani, Yasmin
Selamat, Aslam Izah
Abdul Ghani, Judhiana
Impact of industrial agglomeration on Chinas residents' consumption
title Impact of industrial agglomeration on Chinas residents' consumption
title_full Impact of industrial agglomeration on Chinas residents' consumption
title_fullStr Impact of industrial agglomeration on Chinas residents' consumption
title_full_unstemmed Impact of industrial agglomeration on Chinas residents' consumption
title_short Impact of industrial agglomeration on Chinas residents' consumption
title_sort impact of industrial agglomeration on chinas residents' consumption
url http://psasir.upm.edu.my/id/eprint/101792/
http://psasir.upm.edu.my/id/eprint/101792/
http://psasir.upm.edu.my/id/eprint/101792/