Tag: R12

SPATIALLY INDUCED EFFECTS AND SUSTAINABILITY FOR SPECIAL ECONOMIC ZONES: IMPLICATIONS FOR ZONES IN PAKISTAN UNDER CHINA PAKISTAN ECONOMIC CORRIDOR

Ayesha KHAN

Chair in Maritime Business and Logistics, University of Bremen, Germanyn, Max-von-Laue-Straße 1, 28359, Bremen and Germany

ayesha@uni-bremen.de

h.c. Hans-Dietrich HAASIS

Chair in Maritime Business and Logistics, University of Bremen, Germany, Max-von-Laue-Straße 1, 28359, Bremen and Germany

hdhaasis@gmx.de

Abstract

The China Pakistan Economic Corridor (CPEC) is one of the Belt and Road Initiative projects. Nine special economic zones (SEZs) are proposed under the CPEC and the aim of establishing SEZs is to support and promote local industry as well as other dimensions such as improving energy generation and political stability in Pakistan. The CPEC will facilitate close proximity and collaboration between Pakistan and China, Pakistan can learn from China’s successful experience in SEZs. As this concept zone is ‘regional’ in itself, it is important to analyze this policy from the point of the “New economic geography” theory. This paper explores the existing literature on SEZs in order to identify the role of sustainable development goals (SDGs) in the perspective of spatially induced effects of a zone and their implications for SEZs under the CPEC.

Keywords: Special economic zones (SEZs), Sustainability; Sustainable Development Goals (SDGs), China Pakistan economic corridor (CPEC), spatially induced effects; geographical agglomeration

JEL classification: R12, R11

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EFFECTS ON EMPIRICAL ECONOMIC PERFORMANCE IN PROVINCIAL CLUSTER OF THE SOUTHERN SHORE OF THE GULF OF THAILAND

Kiatkajon CHAIRAT

Department of Management, Faculty of Management Technology, Rajamangala University of Technology Srivijaya, Nakhon Si Thammarat, Thailand Corresponding author: Kiatkajon Chairat Tel:+6681 870 0219

fmtkiat@gmail.com

Piya PECHSONG

Department of Management, Faculty of Management Technology, Rajamangala University of Technology Srivijaya, Nakhon Si Thammarat, Thailand

p_piya1@hotmail.com

Abstract

The aim of this paper are analyze the role of spatial concentration of  economic activities and estimate the effect of provincial cluster in the Southern shore of the Gulf of Thailand on economic growth. Panel data from the years 1995-2015 are data that collected for all 4 provinces in provincial cluster. The result show the value of LQ that more than 1 reveal in agricultural (LQAgricultural) and industry sector (LQIndustry). While, the analyzed the effect of spatial concentration of economic activities in provincial cluster present agricultural sector (LQIndustry) and service sector (LQService) variables significant on economic performance. The case of hotels and restaurants (LQHotel) which is sub economic activities of service sector be significant on economic growth. These results presence the role of externalities as the factor component in the operation of the economic activities in provincial cluster of the Southern shore of the Gulf of Thailand.

Keywords: Agglomeration economies, Spatial concentration, Provincial cluster

JEL classification: R11, R12, R58

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IS STABILITY FOR REGIONAL DISPARITIES OF UNEMPLOYMENT RATES TRULY MYSTERIOUS? AN ANALYSIS FROM STATISTICAL APPROACH

Tsunetada HIROBE

Professor, Department of Economics, Meikai University, 1 Akemi, Urayasu, Chiba 279-8550, Japan

tsune@meikai.ac.jp

Abstract

The paper analyzes the peculiar phenomenon of regional disparities brought by the changes in the geographical distribution of US unemployment rates. Specifically, we investigate the characteristics concerning the gap of that regional distribution especially focusing upon the statistical analysis by mainly an exploratory way.　Reduction in disparities or Expansion in disparities usually involves reducing or increasing the overall level of distribution, and the so-called relative disparity between all states of the U.S. shows an extremely stable transition of distribution within a certain range. This is a mysterious phenomenon that is also shown in any other country in the world. One of the reasons that the regional distribution of unemployment rates becomes stable is derived from the robustness of that geographical distribution; this is one of the reasons that the unemployment rate does not fluctuate significantly. Even if that robustness deteriorates for some reason, then the unemployment rate updates the values of minimum and maximum, or only just the range of variation expands; the relative disparities between regions tend to be offset by increases or decreases in the same direction as a result. Since that range is usually very limited, the gap frequently fluctuates up and down within a confined extent and it does not necessarily converge or diverge to a specific point; it would constantly change within the allowable fluctuation range depending on the socio-economic situation.

Keywords: unemployment rate, regional disparity, convergence, equilibrium, stability

JEL classification: C13, C15, J69, R12, R19

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