Research on the Interactive Relationship between Regional Economy and Industrial Upgrading
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DOI: 10.25236/icebfm.2019.022
Corresponding Author
Liqiang Gao
Abstract
The relationship between industrial upgrading and regional economic development has always been a hot topic in regional economics research. However, the current research focuses on the mechanism of industrial upgrading to regional economic development. The mechanism of regional economic development on industrial upgrading has not been thoroughly explored. The paper uses existing research literature to construct an interactive framework for industrial upgrading and regional economic development, and then analyzes various mechanisms of industrial upgrading and regional economic development. The analysis results show that there are two interaction mechanisms between industrial upgrading and regional economic development: First, industrial upgrading promotes regional economic development through structural optimization, quality improvement and value conversion; second, regional economic development will be from economic growth, economic structure and the economic quality level promotes regional industrial upgrading. Since these two interaction mechanisms coexist, in the process of developing regional economy, it is required to consider the interaction mechanism between industrial upgrading and regional economic development to simultaneously promote the transformation and upgrading of industry and regional economy.
Keywords
Interactive Relationship, Regional Economy, Industrial Upgrading