Cluster and co-located cluster effects: An empirical study of six Chinese city regions
Ren Lu,
Min Ruan and
Torger Reve
Research Policy, 2016, vol. 45, issue 10, 1984-1995
Abstract:
We study how industrial clusters in three different life phases both influence and moderate total factor productivity (TFP) of other co-located industries or clusters. A multilevel regression model is applied to panel data, 1993–2012, from the Pearl River Delta, China. Our empirical results show that emerging clusters have negative effects on other co-located industries’ or clusters’ TFP while mature clusters have positive effects. Emerging clusters positively moderate TFP, while mature clusters negatively moderate TFP of other co-located industries or clusters; declining clusters only have direct positive impact on TFP of other co-located industries or clusters.
Keywords: Clusters; Co-located cluster effects; TFP; Cluster life phase; Moderating effect (search for similar items in EconPapers)
JEL-codes: L00 R11 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (9)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:45:y:2016:i:10:p:1984-1995
DOI: 10.1016/j.respol.2016.07.003
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