Research on the Coordinated Development of Global Urban Economic Competitiveness: Based on a Sample of 1007 Cities

Author:

Liu Xiaonan12,Ni Pengfei3,Niu Fangqu4ORCID,Li Bo5,Li Qihang6

Affiliation:

1. Tehua Postdoctoral Programme, Beijing 100029, China

2. Institute of Finance & Banking, CASS, Beijing 100710, China

3. National Academy of Economic Strategy, CASS, Beijing 100006, China

4. Institute of Geographic Sciences and Natural Resources Research, CAS, Beijing 100101, China

5. School of Management, Tianjin University of Technology, Tianjin 300384, China

6. Economic Research Center, Shandong University of Finance and Economics, Jinan 250014, China

Abstract

Based on the global urban economic competitiveness data in 2017, this study conducts coupling analyses of the competitiveness indicator system. The comprehensive study on the coupling coordination degree among explanatory indexes of urban economic competitiveness concludes that the city with higher economic competitiveness rankings has a higher degree of coupling coordination (DCC); the city ranked lower in the economic competitiveness has a lower DCC. The cities with higher DCC are mainly those global cities or metropolis known for financial and technological innovations, while cities with bare coupling coordination are mainly in underdeveloped countries in Asia, Africa, and Latin America. Based on the findings, the paper employs a model that combines linear regression and quantile regression to identify the specific driving factors that affect the cities’ competitiveness around the world. Therefore, every city should act according to local conditions, focus on the key drivers of urban development, and address the inadequacies to balance the economic development so as to enhance its competitiveness.

Publisher

Hindawi Limited

Subject

Multidisciplinary,General Computer Science

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