Towards Sustainable Prosperity? Policy Evaluation of Jiangsu Advanced Manufacturing Clusters
Tao Xu and
Yabei Hu
MPRA Paper from University Library of Munich, Germany
Abstract:
The government of China, to hone manufacturing’s competitive edge, has adopted a series of regional industrial policies to stimulate advanced manufacturing clusters as facilitators of agglomeration effects, utilisers of factor endowments, and implementers of innovation solutions, by playing the role of facilitating state. Focusing on advanced manufacturing cluster policies in East China’s Jiangsu Province, the research employs a mixed data analysis methodology on a sample of 52 documents collected from the Jiangsu government and affiliated units. The policy orientations and priorities are examined under the triple analytical framework in terms of themes, instruments, and controls, applying textual mining and the PMC index model. The results reveal the alignment of policy themes with high-quality development strategy, the government preferences for the supply dimension in policy instruments, the emphasis on planning directive in policy controls, together with the relatively high internal consistency of the AMC policy toolkit by Jiangsu. Therefore, the research spotlights the importance of leveraging comparative strengths based upon the facilitating state institution, and of deploying internally coherent, scientific, and efficient initiatives that exploit more potential of advanced manufacturing clusters to foster sustainable prosperity from the perspective of new structural economics.
Keywords: Advanced Manufacturing Cluster; Regional Industrial Policy; Mixed Text Analysis; Facilitating State; East China’s Jiangsu Province (search for similar items in EconPapers)
JEL-codes: L5 L6 O1 O14 O19 O2 O24 O25 O3 O4 R5 (search for similar items in EconPapers)
Date: 2023-02-26, Revised 2024-05-10
New Economics Papers: this item is included in nep-cna, nep-cse, nep-env, nep-geo and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:120904
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