Productive services agglomeration, financial development and regional innovation efficiency in the Yangtze River Economic Zone

Shaoqin Sun and Xing Li

Finance Research Letters, 2022, vol. 50, issue C

Abstract: We take cities along the Yangtze River Economic Belt as the research object, measure the regional innovation efficiency of the Yangtze River Economic Belt, and empirically test the relationship between the agglomeration of producer services and regional innovation efficiency. The results show that both productive services agglomeration and innovation efficiency show regional imbalance. The agglomeration of productive services can significantly improve innovation efficiency in neighboring cities but negatively impact the local comprehensive technical efficiency. This negative effect can be alleviated by upgrading the industrial structure and increasing financial development.

Keywords: Productive services; Agglomeration; Regional innovation efficiency; Yangtze river economic belt; Financial development; Industrial structure (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:50:y:2022:i:c:s1544612322004263

DOI: 10.1016/j.frl.2022.103221

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