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Productive services agglomeration, financial development and regional innovation efficiency in the Yangtze River Economic Zone

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  • Sun, Shaoqin
  • Li, Xing

Abstract

We take cities along the Yangtze River Economic Belt as the research object, measure the regional innovation efficiency of the Yangtze River Economic Belt, and empirically test the relationship between the agglomeration of producer services and regional innovation efficiency. The results show that both productive services agglomeration and innovation efficiency show regional imbalance. The agglomeration of productive services can significantly improve innovation efficiency in neighboring cities but negatively impact the local comprehensive technical efficiency. This negative effect can be alleviated by upgrading the industrial structure and increasing financial development.

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  • Sun, Shaoqin & Li, Xing, 2022. "Productive services agglomeration, financial development and regional innovation efficiency in the Yangtze River Economic Zone," Finance Research Letters, Elsevier, vol. 50(C).
    • Handle: RePEc:eee:finlet:v:50:y:2022:i:c:s1544612322004263
    DOI: 10.1016/j.frl.2022.103221
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    References listed on IDEAS

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    Cited by:

    1. Zeru Jiang & Bo Zhang & Chunlai Yuan & Zhaojie Han & Jiangtao Liu, 2024. "Can Urban Sprawl Promote Enterprise Innovation? Evidence from A-Share Listed Companies in China," Land, MDPI, vol. 13(5), pages 1-21, May.
    2. Xiong, Yurong & Wu, Haomin & Ding, Xin & Wu, Ji (George), 2023. "Supplier geographical concentration and corporate innovation," Finance Research Letters, Elsevier, vol. 56(C).
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    4. Yin, Lei & Du, Shanxing & Chen, Ge, 2024. "The influence of the bank–firm relationship on enterprises’ technological innovation efficiency: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 89(PA), pages 1583-1600.

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