Although local governments in China are encouraging the development of blockchain technology,the regional clustering of the blockchain industry still shows obvious differentiation.We use blockchain industry-related da...Although local governments in China are encouraging the development of blockchain technology,the regional clustering of the blockchain industry still shows obvious differentiation.We use blockchain industry-related data during the period 2012–2019 to calculate the blockchain industrial clustering of each province in China.We find that the clustering state of the blockchain industry is quite different from the state of other industries and the situation of economic development in the same region.In less-developed regions,the blockchain industry is more prominent,which may benefit from local government management.We conduct an empirical analysis on the relationship between blockchain industrial clustering and regional government management using the generalized method of moments(GMM)of a dynamic panel.The results show that government management has a positive promoting effect on local blockchain industrial clustering as a whole,among which the promotion from economy,technology,infrastructure and policy is more significant.展开更多
基金supported by The National Key Research and Development Program of China (2020YFB1006104)the Financial support from the Innovation and Talent Base for Digital Technology and Finance (B21038).
文摘Although local governments in China are encouraging the development of blockchain technology,the regional clustering of the blockchain industry still shows obvious differentiation.We use blockchain industry-related data during the period 2012–2019 to calculate the blockchain industrial clustering of each province in China.We find that the clustering state of the blockchain industry is quite different from the state of other industries and the situation of economic development in the same region.In less-developed regions,the blockchain industry is more prominent,which may benefit from local government management.We conduct an empirical analysis on the relationship between blockchain industrial clustering and regional government management using the generalized method of moments(GMM)of a dynamic panel.The results show that government management has a positive promoting effect on local blockchain industrial clustering as a whole,among which the promotion from economy,technology,infrastructure and policy is more significant.
