Redai dili (Sep 2024)
Spatiotemporal Evolution and Influence Mechanism of Talent Agglomeration and Knowledge Spillover under the Integration of the Yangtze River Delta
Abstract
The primary objective of a regional integration strategy is to foster talent agglomeration and knowledge spillover, thereby enhancing the high-quality development of the regional economy. Extant literature predominantly concentrates on talent distribution and the pattern of knowledge spillover under integration policy. However, scant attention has been paid to the causal inference of regional integration policy on talent aggregation and knowledge spillover. Under the new economic structure of establishing a unified national market and high-quality development, a comprehensive understanding of the evolutionary mechanisms of integration policy in relation to talent aggregation and knowledge spillover is pivotal for shaping regional talent policies and refining theories of population mobility. To address this gap, this study employs time-varying Difference-In-Differences (DID) and spatial DID approaches to empirically assess the influence and underlying mechanisms of regional integration policy within the context of the Yangtze River Delta Urban Agglomeration. The analysis reveals three key findings. First, the integration policy demonstrates a substantial facilitative impact on talent aggregation and knowledge diffusion within the Yangtze River Delta Urban Agglomeration, bolstering these processes by 10.5% and 14.8%, respectively, and exhibiting significant spatial spillover effects. This indicates that the policy not only attracts talent to specific regions but also encourages the spread of knowledge beyond the immediate geographical boundaries of the targeted areas. Second, heterogeneity analysis shows that the policy effectively enhances talent aggregation and knowledge spillover in central cities, with no significant influence observed in peripheral cities. This disparity suggests that central cities, with their advanced infrastructure and economic opportunities, are better positioned to capitalize on the benefits of the integration policy. Furthermore, from a demographic perspective, the policy exhibits a more pronounced positive effect on talent aggregation and knowledge spillovers in medium- and large-scale cities. This trend underscores the importance of city size and demographic factors in the successful implementation of integration policies. Third, mechanistic analysis indicates that the beneficial impacts of the policy on talent concentration are more pronounced in cities characterized by higher levels of urbanization, investment, market integration, education, income level, public service provision, and transportation infrastructure. These factors collectively create an environment conducive to talent attraction and retention, amplifying the effects of the integration policy. Furthermore, the policy has significantly enhanced talent agglomeration by increasing the stock of human capital, highlighting the role of education and skill development in fostering regional economic growth. In conclusion, this study provides a theoretical basis and practical reference for urban agglomerations aiming to spearhead the high-quality advancement of regional economies. By revealing the intrinsic laws and influence mechanisms of regional integration policy, the findings offer valuable insights for policymakers seeking to optimize talent policies and promote sustainable economic development. The empirical evidence highlights the importance of targeted policy interventions that consider the unique characteristics of different urban areas, thereby ensuring a balanced and inclusive approach to regional development. Future research should continue to explore the long-term effects of integration policies and their potential to drive innovation and economic resilience in an increasingly interconnected world.
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