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《中国经济学人(英文版)》 2007-02
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Business Cost Increases Promote Industrial Restructuring in the Yangtze River Delta

JIANG Jing~1 and LIU Zhibiao~2 ~(1+2)Research Centre for Socioeconomic Development in the Yangtze River Delta,Nanjing University  
The traditional view holds that China's comparative advantage lies in low costs,and it is therefore imperative to reduce business costs if China intends to maintain her industrial competitiveness.In the following article,Jiang Jing and Liu Zhibiao present a rather different point of view.They consider it endogenous to increase business costs.Although they may reduce urban competitiveness to a certain extent,increased business costs exert an important"push"effect upon structural adjustment and upgrade and the growth of the regional economy due to the varying degrees of sensitivity of manufacturing industries and producer service industries to business costs.These findings have been corroborated through their analysis of business costs and industrial distribution in Yangtze River Delta cities such as Shanghai,Nanjing, Suzhou,Wuxi and Nantong.
【CateGory Index】: F427
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【Co-citations】
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1 ZHU Dao-cai1,2,LU Lin1 (1.School of Territorial Resource and Tourism,Anhui Normal University,Anhui Wuhu 241003,China;2.Institute of Urban and Regional Economics,Anhui University of Finance and Economics,Anhui Bengbu 233041 China);Analysis of Economic Growth Effect and Spatial Pattern Evolution of FDI in Yangtze River Delta[J];Journal of Chongqing Technology and Business University(West Forum);2009-03
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