This paper asks whether the mechanisms driving the firm growth in one of China’s most dynamic export-oriented regions, the Pearl River Delta, has changed in the aftermath the worldwide crisis. By critical review of the policy responses at different governmental levels, the paper revealed the unique local politics in the PRD in meeting the restructuring challenges, which focus more on addressing local industrial needs. Econometrical results on the firm survey data over the pre- and post-crisis periods further illustrated an emerging endogenous electronics cluster in the PRD which is driven by domestic market potential and backward agglomeration of key suppliers.
|Title of host publication||Sustainable Recovery, Rebalancing, Growth, and the Space Economy|
|Place of Publication||London|
|Publisher||Regional Studies Association|
|Publication status||Published - 27 Nov 2014|