This paper studies the mechanism of industry cluster and revisits two cases of the Cambridge phenomenon. Based on the theoretical study and numeric simulation, the paper finds that: first, knowledge spillovers destroy normal Hotelling Process and lead to regional industry cluster. The density of...

This paper reconsiders the question of regional convergence in China. Barro’s convergence model and Theil’s regional inequality index are applied in the study. Analytical results reject the absolute convergence hypothesis in the Chinese case, but suggest a conditional convergence pattern. As...

The temporal and regional process of knowledge spillover that has a distinct geographical performance is an important process proposed by the theory of new economic growth. Based on two case studies on the keywords of sustainable development and knowledge economy, it is found that it is improper...