Spillover Effects Of Changed Open Economy In Yangtze River Delta Metropolitan From The View Of Institutional Change

Since the implementation of China's opening-up policy,the Yangtze River Delta metropolitan area has an important strategic status in the China's pattern of all-round opening up.As the Yangtze River Delta integration process moves on,the regional cooperation mechanism frame has gradually been formed.But The Yangtze River Delta metropolitan is confronted with many problems like industry isomorphism and the urban illness.One more outstanding problem is about the malign competition in Open Economy and that it leads to damaging the whole interests.Therefore,based on the unique perspective of institutional change,this paper analyzes the theoretical mechanism of space spillover effect in the open economy of the Yangtze River Delta metropolitan,and make use of the spatial panel data model to carry out the corresponding spatial measurement empirical test.The first chapter is the prolegomena,which involves the research background,research ideas,research methods and possible innovation points.In the second chapter,this paper focuses on the study of open economy and institutional change,regional economy and spatial spillover effect at home and abroad based on the theory of regional economic spatial structure and institutional change,as a demonstration of this topic.The third chapter constructs a theoretical analysis framework of institutional change,open economy and the development of Yangtze River Delta metropolitan from two dimensions of time and space.In the fourth chapter,we study the spatial research methods of space measurement,which mainly involves spatial autocorrelation test,spatial Doubin model,spatial weight matrix selection and correlation variable selection.The fifth chapter is the spatial panel data model constructed by the fourth chapter,and makes an empirical analysis on the spillover effect of the open economy of the Yangtze River Delta metropolitan from the perspective of institutional change.The conclusions of the study include:(1)There is a negative correlation among the economic development of 16 cities in the Yangtze River Delta metropolitan,which is embodied as a competitive relationship.(2)After controlling the spatial correlation,the institutional changes of the open economy level have significant explanations for the economic development level of the Yangtze River Delta metropolitan area.