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Study on the Temporal and Spatial Evolution of Market Integration and Influencing Factors in the Yellow River Basin

Author

Listed:
  • Chao Teng

    (College of Geography and Environment, Shandong Normal University, Jinan 250358, China
    Collaborative Innovation Center of Human-Nature and Green Development, Universities of Shandong, Jinan 250358, China)

  • Xumin Jiao

    (College of Geography and Environment, Shandong Normal University, Jinan 250358, China
    Collaborative Innovation Center of Human-Nature and Green Development, Universities of Shandong, Jinan 250358, China)

  • Zhenxing Jin

    (College of Geography and Environment, Shandong Normal University, Jinan 250358, China
    Collaborative Innovation Center of Human-Nature and Green Development, Universities of Shandong, Jinan 250358, China)

  • Chengxin Wang

    (College of Geography and Environment, Shandong Normal University, Jinan 250358, China
    Collaborative Innovation Center of Human-Nature and Green Development, Universities of Shandong, Jinan 250358, China
    Key Research Institute of Yellow River Civilization and Sustainable Development & Yellow River Civilization by Provincial and Ministerial Co-Construction of Collaborative Innovation Center, Henan University, Kaifeng 475001, China)

Abstract

Enhancing market integration levels is crucial for advancing sustainable regional collaborative development and achieving ecological protection and high-quality development goals within the Yellow River Basin, fostering a balance between economic efficiency, social equity, and environmental resilience. This study analyzed the retail price data of goods from prefecture-level cities in the Yellow River Basin from 2010 to 2022, employing the relative price method to measure the market integration index. Additionally, it examined the temporal and spatial evolution patterns and driving factors using the Dagum Gini coefficient and panel regression models. The results indicate the following. (1) The market integration index of the Yellow River Basin shows a fluctuating upward trend, with an average annual growth rate of 9.8%. The spatial pattern generally reflects a situation where the east is relatively high and the west is relatively low, as well as the south being higher than the north. (2) Regional disparities are gradually diminishing, with the overall Gini coefficient decreasing from 0.153 to 0.104. However, internal differences within the downstream and midstream areas have become prominent, and contribution rate analysis reveals that super-variable density has replaced between-group disparities as the primary source. (3) Upgrading the industrial structure and enhancing the level of economic development are the core driving forces, while financial support and digital infrastructure significantly accelerate the integration process. Conversely, the level of openness exhibits a phase-specific negative impact. We propose policy emphasizing the need to strengthen development in the upper reach of the Yellow River Basin, further improve interregional collaborative innovation mechanisms, and enhance cross-regional coordination among multicenter network nodes.

Suggested Citation

  • Chao Teng & Xumin Jiao & Zhenxing Jin & Chengxin Wang, 2025. "Study on the Temporal and Spatial Evolution of Market Integration and Influencing Factors in the Yellow River Basin," Sustainability, MDPI, vol. 17(15), pages 1-20, July.
    • Handle: RePEc:gam:jsusta:v:17:y:2025:i:15:p:6920-:d:1713336
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    References listed on IDEAS

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    1. David C. Parsley & Shang-Jin Wei, 1996. "Convergence to the Law of One Price Without Trade Barriers or Currency Fluctuations," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 111(4), pages 1211-1236.
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    3. Ravi Kanbur & Xiaobo Zhang, 2005. "Fifty Years of Regional Inequality in China: a Journey Through Central Planning, Reform, and Openness," Review of Development Economics, Wiley Blackwell, vol. 9(1), pages 87-106, February.
    4. Zhenxing Jin & Chao Teng & Xumin Jiao & Yi Miao & Chengxin Wang, 2024. "The Integrated Development and Regional Disparities of Urban Agglomerations in the Yellow River Basin, China," Sustainability, MDPI, vol. 16(23), pages 1-21, November.
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