Research On The Industrial Economic Perfomance Of Tianjin Binhai New Area

Tianjin Binhai New Area was founded in1994, it has been reformed and opened fornearly20years, and achieved tremendous achievements in industrial scale, infrastructureconstruction, eco-environment construction, financial area and modern service industry. Allthese exceed previous expectations, and have become a hot spot for investment. FollowingShenzhen special zone and Shanghai Pudong New Area, Binhai New Area has become the“The third growth pole” which driving the regional development of the Bohai Zone.It’s isobvious that the industrial achievements are the most prominent achievements of the BinhaiNew Area, and it has formed Eight Pillar industries: aerospace, electronic information,automobile industry, new energy, new materials, high-tech textiles, which is the key pointand difficulty in the construction of the New Area.This article consists of two parts, one is theory part and another is empirical analysis.The theory part not only consists of Growth Pole Theory, Industrial Location Theory andIndustrial Organization theory, but also describes the development history and its situationof the Tianjin Binhai New Area. In the empirical analysis part, firstly we select ten factorsthat influence performance of the industrial economy, and then we use the DEA and PCAmethods to analyze and describe the industrial development of the Tianjin Binhai New Areaand the Shanghai Pudong New Area from2001to2011. We built the DEA/PCA model bycombing the two methods together. depicted the evaluation results in the two-dimensionalcoordinates screen to analysis the industrial economic performance of the Tianjin BinhaiNew Area intuitively and deeply. All give us a more objective evaluation of the real results.The PCA/DEA model we construct shows the New Area’s industrial economicperformance has benn incresed from2001to2011, and exceeded the Shanghai PudongNew Area in2006, this shows it has huge late-mover advantages. Then we analysing theindustrial economic technical efficiency by using the constant returns to scale model, whichshows that it did not reach the optimal result during the period of2007to2010.Besides,there are much inputs and outputs redundancy, especially in the output of industrialemissions.this illustrated unreasonable industrial structure and high industrial pullution inthis area.This articleproposes four policy recommendations: strengthen energy conservation,promotion of eco-New construction; transformation of government functions, making the"invisible hand" play a greater role; strengthening the innovation of industrial technologymanagemen so to improve the competitiveness of industrial enterprises; optimizingindustrial structure and promote the coordinated development of the three major industries.