scholarly journals Impact of Logistics Development on Economic Growth: An Empirical Research from Guangdong Province in China

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-12
Author(s):  
Xiaofei Li ◽  
Fen Chen

This paper evaluates the impact of the development of the logistics industry on economic growth based on panel data of 21 cities in Guangdong Province in China from 2007 to 2019. Using the overall entropy method, the comprehensive development index of the logistics industry is constructed to capture the performance of the logistics industry. On this basis, by using Moran’s index, we measure the spatial agglomeration effect of the logistics industry. Furthermore, direct and spatial spillover effects are also obtained. The estimation results of the spatial Durbin model (SDM) reveal that the elasticity coefficient of the effect of the comprehensive development level of the logistics industry on economic growth is 0.2590, which is significant at the 1% level. In addition, the coefficient of the direct effect of the logistics industry on local economic growth is 0.4074, and the coefficient of the spatial spillover effect on the economic growth of the surrounding areas is 0.3596, which are both significant at the 1% level. These results indicate that the development of the logistics industry can not only improve local economic growth but also promote the economic growth of the surrounding regions.

2021 ◽  
Author(s):  
Rong Guo ◽  
Nan Li ◽  
Hailin Mu ◽  
Ming Zhang ◽  
Xiyue Yang ◽  
...  

Abstract With the rapid development of China, urbanization has become an important research topic of China's CO2 emissions. To fill the gap in considering the spatial correlation of the comprehensive urbanization that includes multi-dimensional factors on CO2 emissions from the operation phase of urban civil buildings (ubec). This study constructs a comprehensive evaluation indicator of urbanization from four aspects including population, economy, society and land urbanization by using the entropy method. The spatial spillover effect of ubec and the impact of comprehensive urbanization on ubec are also studied by using the spatial panel model in this paper. This study finds out that ubec has obvious spatial spillover effects. During the early years of the study period, the eastern coastal areas had greater carbon emissions, while in recent years they have gradually transitioned to the northwestern regions. Comprehensive urbanization has a significant promotion effect on it. And foreign direct investment and per capita energy consumption also have positive impact on ubec. This study provides a reference for measuring the effects of urbanization on sector-specific CO2 emissions and maybe useful for energy efficiency and emission abatement efforts in China.


2021 ◽  
pp. 135481662110211
Author(s):  
Honghong Liu ◽  
Ye Xiao ◽  
Bin Wang ◽  
Dianting Wu

This study applies the dynamic spatial Durbin model (SDM) to explore the direct and spillover effects of tourism development on economic growth from the perspective of domestic and inbound tourism. The results are compared with those from the static SDM. The results support the tourism-led-economic-growth hypothesis in China. Specifically, domestic tourism and inbound tourism play a significant role in stimulating local economic growth. However, the spatial spillover effect is limited to domestic tourism, and the spatial spillover effect of inbound tourism is not significant. Furthermore, the long-term effects are much greater than the short-term impact for both domestic and inbound tourism. Plausible explanations of these results are provided and policy implications are drawn.


2016 ◽  
Vol 9 (2) ◽  
pp. 145 ◽  
Author(s):  
Jiangyi Qi

This paper investigates the impacts of government education expenditure on economic growth in China taking into account the spatial third-party spillover effects. After the theretical analyse, a spatial panel estimation model based on the augmented Solow model is applied by using province data in China during 2007 and 2013. The results reveal that (1) In a whole, Government education expenditure in China has significantly positive impact on economic growth, but expenditure in different educational level shows different results. Government education expenditure in below high-education is positive related to local economic growth, whereas the effect of education expenditure in high-education is insignificant. (2) Neighboring government education expenditure shows spatial spillover effects on local economic growth, and spatial spillover effects in two education level is different. (3) Other input factors of third-governmet also have spatial effects. Some policies about education and economic development are proposed. Meanwhile this study recommends that corporation relationship among regions is very important.


Author(s):  
Ruomeng Zhou ◽  
Yunsheng Zhang ◽  
Xincai Gao

This paper applies a spatial econometric model to measure the impact of environmental regulation on urban innovation capacity from a spatial interaction perspective by using panel data from 41 cities in the Yangtze River Delta urban agglomeration from 2009 to 2018. The study findings are as follows: first, environmental regulation has a significant positive impact on urban innovation capacity and a significant positive spatial spillover effect; second, innovation capacity has significant positive spatial dependence; third, city informatization level, government expenditures on science and technology, city economic scale, and industrial development level all positively affect the innovation capacity of neighboring cities and all have positive spatial spillover effects on the innovation capacity of neighboring cities; and finally, city expansion reduces the innovation capacity of a city and has negative spatial spillover effects on the innovation capacity of neighboring cities.


Kybernetes ◽  
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lijun Zhou ◽  
Zongqing Zhang

PurposeChina's increasing income inequality might cause a series of problems, such as the slowdown of economic growth, social and economic tension, the decline of the ecological environment quality and the threat to citizens' health. Consequently, income inequality will inevitably affect the ecological well-being performance (EWP) level of China's provinces through the above aspects. Analyzing the impact of income inequality on EWP and its spatial spillover effects are conducive to improving the level of EWP in China. Therefore, the research purpose of this paper is to use China's provincial data from 2001 to 2017 to analyze the impact of income inequality on EWP and the spatial spillover effect based on the evaluation of the EWP value of each province.Design/methodology/approachAt first, this study utilizes the super efficiency slacks-based measure model (Super-SBM model) to calculate the EWP values of 30 provinces in China, which can evaluate and rank the effective decision units in the SBM model and make up for the defect that the effective decision units cannot be distinguished. Then this study applies the spatial Durbin model and Tobit regression model (SDM-Tobit model) to explore the impact of income inequality and other influencing factors on EWP and the spatial spillover effects in adjacent areas.FindingsFirstly, the average EWP in China fluctuated slightly and showed a downward trend from 2001 to 2017. In addition, the EWP values of the provinces in the western region are usually weaker than those in the eastern and central regions. Moreover, income inequality is negatively correlated with EWP, and the EWP has a spatial spillover effect, which means the EWP level in a region is affected by EWP values in the adjacent regions. Furthermore, the industrial structure and urbanization level are both negatively related to EWP, while technology level, investment openness, trade openness and education level are positively related to EWP.Originality/valueCompared with the existing research, the possible contribution of this research is that it takes income inequality as one of the important influencing factors of EWP and adopts the SDM-Tobit model to analyze the impact mechanism of income inequality on EWP from the perspective of time and space, providing new ideas for improving the EWP of various provinces in China.


2019 ◽  
Vol 9 (4) ◽  
pp. 391-401 ◽  
Author(s):  
Ahmet Ali Koç ◽  
T. Edward Yu ◽  
Taylan Kıymaz ◽  
Bijay Prasad Sharma

Purpose Domestic supports on Turkish agriculture have substantially increased over the past decade while empirical evaluation of their output impact is limited. Also, the existing literature often neglects potential spatial spillover effects of agricultural policies or subsidies. The purpose of this paper is to quantify the direct and spillover effects of Turkish agricultural domestic measures and agricultural credits use on the added agricultural value. Design/methodology/approach This study applied a spatial panel model incorporating spatial interactions among the dependent and explanatory variables to evaluate the impact of government support and credit on Turkish agricultural output. A provincial data set of agricultural output values, input factors and government subsidies from 2004 to 2014 was used to model the spatial spillover effects of government supports. Findings Results show that a one percent increase in agricultural credits in a given province leads to an average increase of 0.17 percent overall in agricultural value-added per hectare, including 0.05 percent from the direct effect and 0.12 percent from the spillover effect. Contrary to agricultural credits, a one percent increase in government supports in a province generates a mixed direct and spillover effects, resulting in an overall reduction of 0.13 percent in agricultural value-added per hectare in Turkey. Research limitations/implications This study could be extended by controlling for climate, biodiversity and investment factors to agricultural output in addition to input and policy factors if such data were available. Originality/value This study fills the gap in the literature by determining the total effect, including direct and spatial spillover effect, of domestic supports and credits on Turkish agricultural value. The findings provide crucial information to decision makers regarding the importance of incorporating spatial spillover effects in the design of agricultural policy.


Author(s):  
Bo Sun ◽  
Bo Wang

Background: Air pollution is one source of harm to the health of residents, and the impact of air pollution on health expenditure has become a hot topic worldwide. However, few studies aim at the spatial spillover effects of air pollution on the health expenditure of rural residents (HE-RR), including the impact on the health expenditure in neighboring areas. Objective: Based on the existing research, this paper further introduces the spatial dimension and uses the Spatial Durbin model to discuss the impact of environmental pollution on the health expenditure of rural residents (HE-RR). Methods: Based on provincial panel data during 2002–2015 in China, the Spatial Durbin model was used to investigate the spatial spillover effect of the average annual concentration of PM2.5 (AAC-PM2.5) on the health expenditure of rural residents (HE-RR). Results: There was a significant positive correlation between AAC-PM2.5 and health expenditure of rural residents (HE-RR) in neighboring areas at a significant level of 5% (COEF: 2.546, Z:2.340), that is, AAC-PM2.5 has a spatial spillover effect on PC-HE-RR in neighboring areas, and the spatial spillover effect is greater than the direct effect. The migration and diffusion of PM2.5 pollution will affect the air quality of neighboring areas, leading to the health risk not only from the local PM2.5 pollution but also the nearby PM2.5 pollution. Conclusion: The results show a significant positive relationship between air pollution and HE-RR in neighboring areas, and the spatial spillover effect is greater than the direct effect.


2020 ◽  
Vol 2020 ◽  
pp. 1-10 ◽  
Author(s):  
Xiaoqun Liu ◽  
Liuchun Yu ◽  
Yuchen Zhang ◽  
Youcong Chao

Financial flexibility is an important research issue in corporate finance. This paper utilizes the Spatial Durbin Model (SDM) to analyze the impact of financial flexibility on the investment of Convention and Exhibition companies listed on the New Third Board from 2014 to 2016. The empirical results show the following. Firstly, the greater the financial flexibility, the more investment the firm will make. Secondly, the enhancement in financial flexibility would lead to an increase in investment of companies in the Convention and Exhibition industry in the local provinces, indicating that the financial flexibility has a significant positive intraregional spatial spillover effect on investment. On the other hand, financial flexibility has spatial spillover effects, and its rise will reduce the investment in other provinces, which could be explained by the competition effect between enterprises. Overall, we have further elucidated the role of different levels of financial flexibility on the investment of the Convention and Exhibition listed enterprises from the spatial dimension, thereby enriching the existing research on corporate financial flexibility and corporate value to some certain extent.


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