标题：The Influence of Government-Led Industrial Agglomeration on the Efficiency of Resource Allocation—Evidence from 30 Provinces in China over 2000-2017
期刊名称：American Journal of Industrial and Business Management
印刷版ISSN：2164-5167
电子版ISSN：2164-5175
出版年度：2021
卷号：11
期号：2
页码：157-171
DOI：10.4236/ajibm.2021.112010
语种：English
出版社：Scientific Research Publishing
摘要：Under the development mode of government-led industrial agglomeration, most enterprises are motivated by the purpose of obtaining “policy rent”, which has a negative impact on the improvement of resource allocation efficiency. Therefore, based on Hsieh & Klenow’s resource mismatch theory, this paper measures the resource mismatch index of 30 provinces and empirically tests the impact of government-led industrial agglomeration on resource allocation efficiency. The results show that the tendency of “free-ride” caused by government intervention leads to the U-shaped change trend of industrial agglomeration on resource allocation efficiency. This paper discusses the feasible options to improve the efficiency of resource allocation under the joint action of market mechanism and moderate government intervention.
