The direct and indirect drag effects of land and energy on urban economic growth in the Yangtze River Delta, China
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This paper estimates the direct and indirect drag effects of land and energy on urban economic growth in the Yangtze River Delta in China over the period of 2003–2012. Using the spatial Durbin panel data model (SDPDM), we found that such urban economic growth is spatially autocorrelated and that resource input has a positive impact on economic growth. The SDPDM results show that the direct drag effect of land and energy is, respectively, 0.75 and 2.38%, indicating that the constraints of land and energy will reduce the economic growth rate by 0.75 and 2.38%. Besides, the indirect drag effect is 0.40 and 4.86%, suggesting that the focal unit’s economic growth would also be influenced by the behavior of its neighbors. Based on these results, this paper proposes some policy recommendations.
KeywordsUrban economic growth Drag effects Direct and indirect spillover effects Spatial Durbin panel econometrics model Yangtze River Delta
This work was supported by the National Natural Science Foundation of China “Convergence Mechanisms and Reduction Strategies Research on Regional Carbon Productivity from the Perspective of Spatial Effects” (No. 71373079) and Key Project in Humanity and Social Science of Science and Technology Commission of Shanghai Municipality “Research on the Efficient Supply Mechanism of Urban Public Goods” (No. 2017-01-07-00-02-E00008).
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