Research Article
Industrial Agglomeration Analysis Based on Spatial Durbin Model: Evidence from Beijing-Tianjin-Hebei Economic Circle in China
Table 1
Variable name, symbol, and description.
| | Variable name | Index | Symbol | Description |
| | Explained variable | Industrial agglomeration | Y | Industrial added value/GDP | | Explanatory variable | Financial development | X1 | Financial added value | | Technological innovation | X2 | Number of invention patent applications | | Control variable | Government action | Z1 | Public expenditure/GDP | | Human capital | Z2 | Number of college students/resident population | | Capital input level | Z3 | Fixed capital investment/GDP |
|
|