Research on Spatial Spillovers of Industries Development in Urban Agglomerations of the Guangdong, Hong Kong and Macau Greater Bay Area —Based on Spatial Panel SpVAR Model
Yan Wu, Jiawei He
Available Online October 2018.
- https://doi.org/10.2991/icpel-18.2018.75How to use a DOI?
- Urban agglomerations in Guangdong-Hong Kong-Macau Greater Bay Area, Spatial Panel VAR, GMM, Spatial Spillover
- Based on data from 2005 to 2016, this paper analyzes the spatial spillovers of urban agglomerations in Guangdong-Hong Kong-Macau Greater Bay Area by using spatial panel SpVAR Model. The results show that the spatial spillover of industry sector of the urban agglomerations in the Pearl River Delta is relatively significant. However, the spatial spillover of the industry sector and service sector of the urban agglomerations in the Great Bay Area need to be strengthened. The industry sector, after being proactively shocked, will bring about positive external impacts, these impacts will last for a while until they vanish. Whereas, the service sector, after being proactively shocked, will also bring about positive impacts, but these impacts will turn negative in the following period of time, these impacts will last as well until they vanish.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Yan Wu AU - Jiawei He PY - 2018/10 DA - 2018/10 TI - Research on Spatial Spillovers of Industries Development in Urban Agglomerations of the Guangdong, Hong Kong and Macau Greater Bay Area —Based on Spatial Panel SpVAR Model BT - 2018 3rd International Conference on Politics, Economics and Law (ICPEL 2018) PB - Atlantis Press SN - 2352-5398 UR - https://doi.org/10.2991/icpel-18.2018.75 DO - https://doi.org/10.2991/icpel-18.2018.75 ID - Wu2018/10 ER -