Integration and Regional Industrial Development

Abstract

Integration, a phenomenon in the process of economic growth, has been acting as essential to productivity growth and regional industrial development. It enhances regional economy through certain economic relationships between economic entities and between regions, including exchange and agglomeration. Hence, economists have long been attracted to the continued exploration of internal mechanisms and functions of integration that would lead to improved productivity and industrial performance. Aiming to provide a theoretical reference with a practical value in planning the prospects of industrial resource integration, so as to balance the industrial distribution of regions and promote their economic development, this paper starts a theoretical review of integration from defining key concepts, and then follows with the factors that influence integration, a theoretical study on integration and regional industrial development, along with the unveiling of the dynamic mechanisms of integration and regional industrial development.