The economic regionalization practice led by China local governments has gradually evolved into chaos. Local governments compete to declare for higher-leveled and large-scaled economic regions to obtain more economic ...The economic regionalization practice led by China local governments has gradually evolved into chaos. Local governments compete to declare for higher-leveled and large-scaled economic regions to obtain more economic resources and policy support in the way of policy game. The author argues that the regionalization chaos is attributed to the reason that the present theoretical support for economic regionalization overemphasizes the economic growth brought about by the economic regionalization but ignores the effect of transaction cost, which leads to constraint loss on the economic regionalization theory analysis framework. Then, the introduction of economic regionalization analysis framework based on the conflicts between scale expansion and transaction costs would establish equilibrium conditions to set up a moderate scale development for economic regions. The author hopes that the acceptance of this framework into the economic regionalization decision-making system would give guidance for making more appropriate regionalization decisions.展开更多
文摘The economic regionalization practice led by China local governments has gradually evolved into chaos. Local governments compete to declare for higher-leveled and large-scaled economic regions to obtain more economic resources and policy support in the way of policy game. The author argues that the regionalization chaos is attributed to the reason that the present theoretical support for economic regionalization overemphasizes the economic growth brought about by the economic regionalization but ignores the effect of transaction cost, which leads to constraint loss on the economic regionalization theory analysis framework. Then, the introduction of economic regionalization analysis framework based on the conflicts between scale expansion and transaction costs would establish equilibrium conditions to set up a moderate scale development for economic regions. The author hopes that the acceptance of this framework into the economic regionalization decision-making system would give guidance for making more appropriate regionalization decisions.
