Study On The Measurement And Influencing Factors Of Urban Economic Resilience In The Yellow River Basin

The proposal of urban economic resilience is due to the need of continuous adjustment of the economic operation situation of the urban economy under the impact of external factors such as industrial structure adjustment,financial crisis and COVID-19 epidemic in recent years.All kinds of shocks encountered at present may cause the urban economy to fall into difficulties.After the urban economy suffers from internal and external shocks,some cities can recover quickly and realize steady economic development again,while some cities are trapped in the downward economic inertia and are hard to get rid of.The ability of urban economy to resist shocks and disturbances is usually called urban economic resilience.Cities with good economic resilience can not only resist damage or even maintain a steady state when facing external shocks,but also quickly realize self-structural adjustment in the new environment and create new paths to achieve more benign economic growth and development.Therefore,under the strategic background of high-quality development,how to build a resilient urban economy has important theoretical value and practical significance.Based on the relevant economic panel data from 2008 to 2020,this paper takes the urban economic development in the Yellow River Basin with high strategic position and shallow development depth as the breakthrough point,and explores the essential connotation,measurement system and influencing factors of urban economic resilience,in order to contribute to promoting the high-quality development of cities in the Yellow River Basin.The research contents and conclusions are summarized as follows:(1)On the basis of combing the relevant literature and theories at home and abroad,firstly,the concept connotation of urban economic resilience is defined: the ability of the urban economic system to resist risks and maintain the stability of the system,quickly resume production and maintain vitality,quickly adjust and adapt to the new environment,create development paths and economic transformation when facing external shocks.Secondly,under the guidance of the theory of regional economic resilience and sustainable development,starting from the internal structure of the urban economic system,this paper studies the constituent elements of urban economic resilience and its action mechanism in response to external shocks,and establishes the theoretical analysis framework for measuring economic resilience.(2)From the four aspects of resistance and stability,recovery and vitality,adjustment and adaptability and innovation and transformation of the urban economic system,the comprehensive measurement index system of urban economic resilience is constructed;Based on the current situation and problems of urban economic development in the Yellow River Basin,the comprehensive index and subsystem index of economic resilience of 49 cities in the Yellow River Basin from 2008 to 2020 are measured,and the spatial and temporal characteristics of the measurement results are analyzed.From the perspective of the comprehensive index of urban economic resilience,the study found that in time series,the level of economic resilience of each city has been improved to varying degrees during the study period,and the gap between the levels of economic resilience of cities has gradually narrowed;In terms of spatial distribution,the average level of regional economic resilience is stronger in the east and weaker in the west.The average level of urban economic resilience in the eastern region is higher than that in the central and western regions,while the level of urban economic resilience in the central region is slightly higher than that in the western region,but the difference between the two regions is narrowing obviously.Judging from the sub-system index that constitutes the urban economic resilience,the innovation and transformation index has the largest proportion in the measure,and is one of the focuses that should be paid attention to in order to improve the urban economic resilience.The study found that from 2008 to 2020,the index level of each subsystem showed a growth trend,with the most obvious increase in resistance and stability index,while the growth in recovery and vitality index was relatively slow.(3)After analyzing the mechanism of the key factors affecting urban economic resilience,the paper investigates the stationarity of the variables and the cointegration between them,constructs the panel data model of the factors affecting urban economic resilience,and uses Hausman test and multicollinearity test to select the fixed effect model for empirical analysis.The study found that the degree of marketization,digital inclusive finance level,urban economic density and infrastructure scale have significant positive effects on urban economic resilience,while external dependence has no significant negative effects on urban economic resilience.(4)Combined with the distribution characteristics of urban economic resilience and related issues in the yellow river basin,the paper puts forward "strengthening urban industrial innovation capability and promoting urban economic transformation and upgrading";Optimizing the business environment and improving the level of marketization;Straighten out international relations and increase the utilization of foreign capital;Make good use of modern network information technology,improve the ability of universal financial services "and other policy recommendations to enhance the economic resilience of cities in the Yellow River.