IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i4p3058-d1061407.html
   My bibliography  Save this article

Study on the Spatial Pattern and Influencing Factors of China’s New Energy Vehicle Industry—Based on Data of Relevant Listed Companies from 2008–2021

Author

Listed:
  • Daoyuan Chen

    (School of Urban Design, Wuhan University, Wuhan 430072, China)

  • Guoen Wang

    (School of Urban Design, Wuhan University, Wuhan 430072, China)

  • Ziwei Yuan

    (Department of Spatial Planning and Research, Wuhan Natural Resources Conservation and Utilization Center, Wuhan 430014, China)

  • Ershen Zhang

    (School of Urban Design, Wuhan University, Wuhan 430072, China)

Abstract

As a pillar industry carrying China’s ambition in manufacturing upgrades and energy transformation, the new energy vehicle (NEV) industry has received much attention from the government and investment institutions. The spatial pattern of the industry, which is undergoing dramatic changes, urgently needs to be studied retrospectively. This paper explores the spatial distribution pattern of related industries and their influencing factors using data related to NEV industry listed companies from 2008 to 2021. Spatial statistical analysis and stepwise regression analysis were conducted in this study. At the national level, the study found that an “8” industrial axis was formed, with the Yangtze River Delta, the Pearl River Delta, and the Beijing–Tianjin–Hebei city cluster as the core. At the provincial level, it was found that the traditional auto industry-dominant regions do not have a competitive advantage in the NEV field. After stepwise regression of the potential factors, five key factors determining the number of listed NEV enterprises in each province were identified, namely, policy strength, patents, per capita wage, tertiary industry share, and road density. The research results improve the understanding of NEV industry development rules in related disciplines and provide a reference for the spatial arrangement of the NEV industry to be coordinated and optimized at the regional level.

Suggested Citation

  • Daoyuan Chen & Guoen Wang & Ziwei Yuan & Ershen Zhang, 2023. "Study on the Spatial Pattern and Influencing Factors of China’s New Energy Vehicle Industry—Based on Data of Relevant Listed Companies from 2008–2021," Sustainability, MDPI, vol. 15(4), pages 1-16, February.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:4:p:3058-:d:1061407
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/4/3058/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/15/4/3058/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Huiming Gong & Michael Wang & Hewu Wang, 2013. "New energy vehicles in China: policies, demonstration, and progress," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 18(2), pages 207-228, February.
    2. Xu, Bin & Lin, Boqiang, 2018. "Do we really understand the development of China's new energy industry?," Energy Economics, Elsevier, vol. 74(C), pages 733-745.
    3. Fan, Xiao-chao & Wang, Wei-qing, 2016. "Spatial patterns and influencing factors of China׳s wind turbine manufacturing industry: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 482-496.
    4. Ellison, Glenn & Glaeser, Edward L, 1997. "Geographic Concentration in U.S. Manufacturing Industries: A Dartboard Approach," Journal of Political Economy, University of Chicago Press, vol. 105(5), pages 889-927, October.
    5. Masahisa Fujita & Paul Krugman & Anthony J. Venables, 2001. "The Spatial Economy: Cities, Regions, and International Trade," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262561476, April.
    6. C. Cindy Fan & Allen J. Scott, 2003. "Industrial Agglomeration and Development: A Survey of Spatial Economic Issues in East Asia and a Statistical Analysis of Chinese Regions," Economic Geography, Taylor & Francis Journals, vol. 79(3), pages 295-319, July.
    7. Catherine Beaudry & G. Swann, 2009. "Firm growth in industrial clusters of the United Kingdom," Small Business Economics, Springer, vol. 32(4), pages 409-424, April.
    8. Steven Klepper, 2007. "Disagreements, Spinoffs, and the Evolution of Detroit as the Capital of the U.S. Automobile Industry," Management Science, INFORMS, vol. 53(4), pages 616-631, April.
    9. Joel Deichmann & Socrates Karidis & Selin Sayek, 2003. "Foreign direct investment in Turkey: regional determinants," Applied Economics, Taylor & Francis Journals, vol. 35(16), pages 1767-1778.
    10. Paul Krugman, 1992. "Geography and Trade," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262610868, April.
    11. Davies, Stephen & Lyons, Bruce, 1996. "Industrial Organization in the European Union: Structure, Strategy, and the Competitive Mechanism," OUP Catalogue, Oxford University Press, number 9780198289739.
    12. Yanhua Liang & Hongjuan Lu, 2022. "Dynamic Evaluation and Regional Differences Analysis of the NEV Industry Development in China," Sustainability, MDPI, vol. 14(21), pages 1-23, October.
    13. Park, Jeong-Il & Lee, Sugie, 2017. "Examining the spatial patterns of green industries and the role of government policies in South Korea: Application of a panel regression model (2006–2012)," Renewable and Sustainable Energy Reviews, Elsevier, vol. 78(C), pages 614-623.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Xiaoxiang Zhang & Jing Yao & Katarzyna Sila-Nowicka & Chonghui Song, 2021. "Geographic concentration of industries in Jiangsu, China: a spatial point pattern analysis using micro-geographic data," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 66(2), pages 439-461, April.
    2. Head, Keith & Mayer, Thierry, 2004. "The empirics of agglomeration and trade," Handbook of Regional and Urban Economics, in: J. V. Henderson & J. F. Thisse (ed.), Handbook of Regional and Urban Economics, edition 1, volume 4, chapter 59, pages 2609-2669, Elsevier.
    3. Stephen J. Redding, 2010. "The Empirics Of New Economic Geography," Journal of Regional Science, Wiley Blackwell, vol. 50(1), pages 297-311, February.
    4. Wolfgang Keller, 2002. "Geographic Localization of International Technology Diffusion," American Economic Review, American Economic Association, vol. 92(1), pages 120-142, March.
    5. Edward L. Glaeser, 1998. "Are Cities Dying?," Journal of Economic Perspectives, American Economic Association, vol. 12(2), pages 139-160, Spring.
    6. Alberto Franco Pozzolo, 2004. "Research and Development, Regional Spillovers and the Location of Economic Activities," Manchester School, University of Manchester, vol. 72(4), pages 463-482, July.
    7. Baldwin, Richard E. & Krugman, Paul, 2004. "Agglomeration, integration and tax harmonisation," European Economic Review, Elsevier, vol. 48(1), pages 1-23, February.
    8. Luis Cabral & Zhu Wang & Daniel Yi Xu, 2018. "Competitor, Complementors, Parents and Places: Explaining Regional Agglomeration in the U.S. Auto Industry," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 30, pages 1-29, October.
    9. Cassandra C Wang & George C S Lin & Guicai Li, 2010. "Industrial Clustering and Technological Innovation in China: New Evidence from the ICT Industry in Shenzhen," Environment and Planning A, , vol. 42(8), pages 1987-2010, August.
    10. Thomas McGregor & Samuel Wills, 2016. "Surfing A Wave Of Economic Growth," OxCarre Working Papers 170, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    11. Steven Klepper, 2010. "The Origin and Growth of Industry Clusters: The Making of Silicon Valley and Detroit," NBER Chapters, in: Cities and Entrepreneurship, National Bureau of Economic Research, Inc.
    12. Peter W. Roberts & Adina D. Sterling, 2012. "Network Progeny? Prefounding Social Ties and the Success of New Entrants," Management Science, INFORMS, vol. 58(7), pages 1292-1304, July.
    13. Pesaran M.H. & Schuermann T. & Weiner S.M., 2004. "Modeling Regional Interdependencies Using a Global Error-Correcting Macroeconometric Model," Journal of Business & Economic Statistics, American Statistical Association, vol. 22, pages 129-162, April.
    14. Sylvain Barde, 2008. "The spatial structure of French wages : Investigating the robustness of two-stage least squares estimations of spatial autoregressive models," SciencePo Working papers Main hal-01066157, HAL.
    15. Valerien O. Pede & Raymond J. G. M. Florax & Henri L. F. de Groot & Gustavo Barboza, 2021. "Technological leadership and sectorial employment growth: A spatial econometric analysis for U.S. counties," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 50(1), February.
    16. Gerlach, Heiko & Rønde, Thomas & Stahl, Konrad, 2009. "Labor pooling in R&D intensive industries," Journal of Urban Economics, Elsevier, vol. 65(1), pages 99-111, January.
    17. Kevin P. Heanue, 2008. "Measuring Industrial Agglomeration in a Rural Industry: The Case of Irish Furniture Manufacturing," Working Papers 0830, Rural Economy and Development Programme,Teagasc.
    18. Delgado, Mercedes & Porter, Michael E. & Stern, Scott, 2014. "Clusters, convergence, and economic performance," Research Policy, Elsevier, vol. 43(10), pages 1785-1799.
    19. Christiane Krieger-Boden, 2002. "EMU and the Industrial Specialisation of European Regions," Advances in Spatial Science, in: Juan R. Cuadrado-Roura & Martí Parellada (ed.), Regional Convergence in the European Union, chapter 4, pages 77-94, Springer.
    20. Karolina Ekholm & Katariina Hakkala, 2007. "Location of R&D and High-Tech Production by Vertically Integrated Multinationals," Economic Journal, Royal Economic Society, vol. 117(518), pages 512-543, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:15:y:2023:i:4:p:3058-:d:1061407. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.