Study on the Temporal and Spatial Evolution of Market Integration and Influencing Factors in the Yellow River Basin

Chao Teng, Xumin Jiao, Zhenxing Jin and Chengxin Wang ()
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Chao Teng: College of Geography and Environment, Shandong Normal University, Jinan 250358, China
Xumin Jiao: College of Geography and Environment, Shandong Normal University, Jinan 250358, China
Zhenxing Jin: College of Geography and Environment, Shandong Normal University, Jinan 250358, China
Chengxin Wang: College of Geography and Environment, Shandong Normal University, Jinan 250358, China

Sustainability, 2025, vol. 17, issue 15, 1-20

Abstract: Enhancing market integration levels is crucial for advancing sustainable regional collaborative development and achieving ecological protection and high-quality development goals within the Yellow River Basin, fostering a balance between economic efficiency, social equity, and environmental resilience. This study analyzed the retail price data of goods from prefecture-level cities in the Yellow River Basin from 2010 to 2022, employing the relative price method to measure the market integration index. Additionally, it examined the temporal and spatial evolution patterns and driving factors using the Dagum Gini coefficient and panel regression models. The results indicate the following. (1) The market integration index of the Yellow River Basin shows a fluctuating upward trend, with an average annual growth rate of 9.8%. The spatial pattern generally reflects a situation where the east is relatively high and the west is relatively low, as well as the south being higher than the north. (2) Regional disparities are gradually diminishing, with the overall Gini coefficient decreasing from 0.153 to 0.104. However, internal differences within the downstream and midstream areas have become prominent, and contribution rate analysis reveals that super-variable density has replaced between-group disparities as the primary source. (3) Upgrading the industrial structure and enhancing the level of economic development are the core driving forces, while financial support and digital infrastructure significantly accelerate the integration process. Conversely, the level of openness exhibits a phase-specific negative impact. We propose policy emphasizing the need to strengthen development in the upper reach of the Yellow River Basin, further improve interregional collaborative innovation mechanisms, and enhance cross-regional coordination among multicenter network nodes.

Keywords: market integration; temporal and spatial evolution; influencing factors; Yellow River Basin (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2025
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