Domestic Market-based Industrial Cluster Development in Modern China
Abstract
China’s huge domestic market is constantly expanding, and is low-end demand oriented and highly dispersed. The domestic market-based development of China’s industrial cluster, however, is not only a quantitative expansion, but has also been accompanied with remarkable qualitative upgrading. Specialized markets are a microcosm that clearly indicate this paradoxical phenomenon. By analyzing three typical cases of industrial clusters that have specialized markets, this paper will make the case that under modern China’s market conditions, the local public sector is the crucial driving force for upgrading industrial clusters, which organize complicated transactions, promote quality control, and stimulate the division of labor.Download Info
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Paper provided by Institute of Developing Economies, Japan External Trade Organization(JETRO) in its series IDE Discussion Papers with number 88.Length:
Date of creation: Feb 2007
Date of revision:
Publication status: Published in IDE Discussion Paper. No. 88. 2007.2
Handle: RePEc:jet:dpaper:dpaper88
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Related research
Keywords: China; Industrial cluster; Market condition; Specialized market; Local public sector; Industrial estates; Local industy; Market; Public sector;Find related papers by JEL classification:
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
- L5 - Industrial Organization - - Regulation and Industrial Policy
- L6 - Industrial Organization - - Industry Studies: Manufacturing
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-03-03 (All new papers)
- NEP-CNA-2007-03-03 (China)
- NEP-DEV-2007-03-03 (Development)
- NEP-URE-2007-03-03 (Urban & Real Estate Economics)
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