A Comparative Study of Industrial Multiplier, Spillover and Feedback Effect in the Yangtze River Delta Region —Based on Multi-region Input-output Model

doi:10.16716/j.cnki.65-1030/f.2020.03.002

Abstract

Abstract: Based on the latest inter-regional input-output table, this paper constructs a multi-regional input-output model to calculate the multiplier effect, inter-regional spillover effect and feedback effect in the Yangtze River Delta region. The empirical results show that Shanghai's industrial driving force is the strongest, and its spillover effect and feedback effect are stronger than those of Jiangsu and Zhejiang, and the spillover effect of the three industries is also the strongest, and its spillover effect on Jiangsu is stronger than that on Zhejiang. Jiangsu has the closest industrial association, with the strongest multiplier effect in the primary and secondary industries, however, no cross-regional industrial association has been formed, and the manufacturing industry is at the low end of the value chain. The secondary industry in Zhejiang is closely related and plays a strong driving role in Shanghai industry. Therefore, it is of great necessity to optimize the internal industrial structure to build the modern industrial system in the Yangtze River Delta region, improve the industrial correlation between regions to promote the overall coordinated development of the Yangtze River Delta region and improve the layout of the infrastructure network to enhance connectivity in the Yangtze River Delta region.

Key words: Yangtze Rriver Delta Region, Regional Integrated Development, Industrial Relevance, Integrated Industrial Development, Multiplier Effect, Spillover Effect, Feedback Effect, Input-output Model

CLC Number:

F061.5
F223

Huang Ruiling, Zhang Xu. A Comparative Study of Industrial Multiplier, Spillover and Feedback Effect in the Yangtze River Delta Region —Based on Multi-region Input-output Model[J]. Finance & Economics of Xinjiang, 2020, (3): 17-28.

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