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Green Development Efficiency and Spatial Characteristics of Urban Clusters: A Case of Yangtze River Delta City Cluster

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  • Xiuzhen Li
  • Lulu Han
  • Lingxiao Yang
  • Tiezhu Zhang

Abstract

Green development efficiency has become an important research topic as many countries are striving to transform development model. This study conducts static measurement and dynamic decomposition analysis of the green development efficiency of the Yangtze River Delta in China using a DEA-Malmquist model. The result shows that the green development efficiency of the Yangtze River Delta is generally on an upward trend, but varies considerably within the region. Moreover, this study analyses the influencing factors and spatial effects of green development efficiency using the spatial Durbin model, which shows that there are obvious spatial correlations and spatial dependencies in the green development efficiency of the Yangtze River Delta city cluster, and the influencing factors such as financial development and industrial structure have a positive effect on the city’s green development efficiency and have a positive spillover effect on the surrounding areas. However, technological innovation has a negative spillover effect on green development efficiency. Finally, this study proposes to improve the regional coordination mechanism of green technological innovation, guide the development of financial agglomeration and leverage the spatial spillover effect. In addition, industry structure transformation should be further facilitated, and the development of advanced manufacturing clusters should be supported.

Suggested Citation

  • Xiuzhen Li & Lulu Han & Lingxiao Yang & Tiezhu Zhang, 2023. "Green Development Efficiency and Spatial Characteristics of Urban Clusters: A Case of Yangtze River Delta City Cluster," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 59(7), pages 1993-2007, May.
    • Handle: RePEc:mes:emfitr:v:59:y:2023:i:7:p:1993-2007
    DOI: 10.1080/1540496X.2022.2161301
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