Regional government competition [chapter]

Yunxian Chen
2021 The Dual-Entity of Market Competition  
This monograph provides a coherent and systematic explanation of China's regional economic development from the perspective of regional government competition. It gives an almost unknown exposition of the mechanisms of China's regional economic development, with numerous supporting cases drawn from China and elsewhere. This book is an invaluable resource for anyone interested in learning more about the development and transformation of China's regional economy from both the Chinese and global
more » ... rspectives. List of figures vi List of tables vii Foreword viii Preface xix Translators xxii 1 Regional government 1 2 Three categories of resources 32 3 Resource allocation in "the four phases" 57 4 The representations and effects of regional government competition 82 5 Effective government and efficient market Bibliography Index Contents 1.1 A DRP model for regional government resource allocation 3.1 Investment intensity of R&D funds in China 3.2 Total import and export of high-tech products and their share in total imports and exports 3.3 Applications of invention patents at home and abroad 3.4 Authorized invention patents at home and abroad 3.5 The trend of total R&D personnel in China 4.1 Marginal productivity of regional factors and flow effects 5.1 Modes of government-market combination 5.2 Growth rates in countries representative of the four assessed models 5.3 Unemployment in countries representative of the four assessed models 5.4 Unemployment rates in countries under different combination models 5.5 Share of R&D spending in GDP in countries under different combination models 5.6 Poverty rates in countries representative of the four economic models 5.7 Classification of resources and the respective roles of market and government 5.8 A graphic summary of theories on regional government competition Competition in policy systems This involves policies implemented by regional government on both foreign and regional levels and is also true between countries. Policies are public products that are non-exclusive and imitative. Therefore, good competitive policy systems must be (1) realistic, i.e. in line with reality and the requirements for socioeconomic development; (2) advanced, in the sense that they are foresighted and innovative; (3) workable, in the sense that they are clear, targeted and enforceable; (4) organized, in the sense that specialized agencies and people perform duties and put them into operation; and (5) effective, which means that there are inspection, monitoring, assessment and evaluation mechanisms, including the involvement of third parties playing their role so as to achieve xvi Foreword policy objectives effectively. Whether policy systems are sound or not has great impact upon regional competition.
doi:10.4324/9781003244837-5 fatcat:6zre2jfas5fgrnydt25b6ebmye