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Path Dependence and Path Lock:A Comparison of Spatial Institutional Change in PRD and YRD's Regional Development

WANG Dengrong,REN Zhaodan (Guangdong Urban & Rural Planning and Design Institute,Guangzhou 510308,China)  
Institutional supply is an important factor for the regional development of Pearl River Delta and Yangtze River Delta.There are two kinds of main bodies and modes of the spatial institutional supply for the two regions: one is the policy supply by the state,the other is the middle-proliferation institutional supply by the local government.The policy supply by the state always follows the same logic: when the country needs to conduct an exploration or a partial tests,Pearl River Delta,represented by Guangdong province,will be chosen as a test to innovate related institutions.Whenever it is for a comprehensive domestic development,Yangtze River Delta Region,represented by Shanghai,will be chosen to first carry out new policies.The unchanged logic of spatial institutional supply for regional development shows a path dependence in institutional changing at the national level.With the national policy supply as the logical starting point,the spatial institutional supply by local governments in the two regions is remarkably impacted by the capital structure and the introduction of necessary space oriented at market demand,so a strong path lock of the institutional supply is quite obvious.By following the path dependence on the institutional supply by the state,the institutional supply by the local governments in Pearl River Delta should integrate with the institutions of Hong Kong and Macao,so as to build a Greater Pearl River Delta free trade zone that meets the trend of economic integration.And for the path lock of spatial institutional supply by the local governments,certain criteria and thresholds should be established when allowing local governments to conduct institutional innovation,so that the low-efficiency performance of space development can be avoided.
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