Temporal-Spatial Evolution Characteristics of Economic Development of Hangzhou Bay Area and Its Influencing Factors

Na Liu () and Yuzhe Wu ()
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Na Liu: Zhejiang University
Yuzhe Wu: Zhejiang University

A chapter in Proceedings of the 23rd International Symposium on Advancement of Construction Management and Real Estate, 2021, pp 235-250 from Springer

Abstract: Abstract This paper builds an index system based on the economic data of the regional units in Hangzhou Bay Area from 1997 to 2016. The entropy method is used to determine the index weights in this paper in order to calculate the comprehensive level of economic development. The standard deviation and coefficient of variation are used for analysis on temporal-spatial evolution of Hangzhou Bay Area. This paper analyzes the temporal and spatial development of the Hangzhou Bay Area from the view of region factors such as external environment, regional characteristics, and regional development policies. This study found that: 1) The comprehensive economic development level of Hangzhou Bay Area shows a rapid growth from 1997 to 2016. The economic index shows that Shanghai has the highest economic development level in Hangzhou Bay Area, and Hangzhou and Ningbo are developing rapidly, which are lower than Shanghai. 2) The absolute difference in the Hangzhou Bay area is expanding on the whole from 1997 to 2016 and the relative difference is decreasing, which shows a good signal. 3) The economic structure of Hangzhou Bay Area presents the pattern of “1 + 2+3 + X”. 4) Location characteristics, external environment, and regional development policies are the main factors, which affect regional economic development. Besides, there are also other factors, included transportation factors, development paths, resource endowments, and government planning, which affect the development of region economy.

Keywords: Economic development; Hangzhou bay; Entropy method; Regional development policy (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-15-3977-0_18

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DOI: 10.1007/978-981-15-3977-0_18

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