Study On Misallocation Of Resources Of Chinese Industrial Enterprises Based On The Perspective Of City Size

Since the reform and opening up,China's economic development has attracted worldwide attention.With the continuous release of reform dividends,China's urban development is changing with each passing day.Population and resources have also gathered to the city,the city scale will be expanded.The study found that the expansion of the city scale can promote the productivity,and then promote the regional economic development.In recent years,the "urban disease" problem intensified,while the agglomeration effect has a positive impact on urban construction,the relevant urban development costs are equally worthy of attention.To the big city as a typical,its facing environmental problems,transportation costs and other issues to a certain extent,the constraints of regional economic development.The size of the city is too large to lead to increased external costs,often not conducive to urban development.Focus on China's current urban structure,urban development polarization is obvious,big cities in the talent and resources advantages,and the development of small cities difficult.China's urban development has shown a "Matthew effect".In view of the fact that the efficiency of resource allocation is important to the improvement of productivity,this paper discusses whether large cities have the advantages of scale in resource allocation from the perspective of resource allocation.If the big city has no advantage in the allocation of resources,or even misallocation of resources is more serious,then what is the reason for that?In the market-oriented reform continue to advance today,China's small and medium-sized cities should be how to develop?Based on the above considerations,this paper attempts to find the relationship between urban scale and resource misallocation,and further analysis of the relationship behind the institutional reasons,and then offer advice and suggestions to encourage China's economic development.Based on the urban spatial perspective,this paper studies the relationship between urban scale and resource misallocation on the basis of estimating the misallocation of urban resources by using OP decomposition method,and tries to explain and analyze the conclusion.And on this basis,to further explore the effect of government intervention on the size of the city's resource allocation effect,and then clear the role that the city scale plays in the process of urban development.This paper finds that:First,in terms of resource allocation,China's big cities do not have the advantages of resource allocation,and the scale of cities has not played a significant role in alleviating the misallocation of resources.The misallocation level of resource in Chinese cities show inverted U-shaped relationship.Second,the government action on the size of the city's resource allocation effect does have an impact,the administrative level will lead to increased urban misallocation.Can be seen,the Government“preference”in the birth of a larger city,will increase the corresponding city mismatch of resources.Considering the endogeneity problem,this result is still significant.Thirdly,there is a single threshold effect on the effect of urban scale on the efficiency of resource allocation.Specifically,when the government intervention is weak,the city scale is conducive to resource allocation efficiency.However,when the intensity of government intervention becomes stronger,the resource allocation effect of urban scale is no longer present.Taking into account the government in the investment and policy support advantages,moderate government intervention on the regional allocation of resources does not matter.Therefore,it is particularly important to define the position of the government in economic development so that it can lead to development and provide more incentives for economic development.Fourth,fully affirmed the development potential of small and medium-sized cities.Echoed the national“strict control of large cities,and actively develop small cities," the strategic approach.Based on the above conclusions,this paper has the following policy implications:the role of resource allocation efficiency for economic development can not be ignored.With the continuous improvement of urbanization level,urban resource misallocation problem worthy of attention.In order to give full play to the size of the city's resource allocation effect,to clarify the relationship between the government and the market,making the market in the process of resource allocation to play a decisive role at the same time,let the government "do something,do not"The government's "visible hand"to promote urban construction and development is particularly important.Specifically,taking into account the urban scale and regional resource allocation efficiency between the positive correlation,continue to promote urbanization is more feasible.At the same time,as a socialist country,the government plays an important role in China's economic development.While affirming the advantages of the development of big cities,we should make clear that the role of government in economic development and help the city at the same time,should avoid overkill,counterproductive.In addition,in order to solve the problem of imbalance in regional development,it is feasible to improve the resource allocation efficiency of small and medium-sized cities,to measure and explore the resource endowments of small and medium-sized cities.In general,this paper shows that dealing with the relationship between government and market,reducing the misallocation of regional resources and giving full play to the role of market mechanism may be a good way to stimulate China's economic development.