摘要
Abstract
With urbanization gradually becomes one of national strategies, Shanghai, as China's largest city, its urbanization path is particularly critical. By analyzing the characteristics of urban development in Shanghai and integrating the theories of " capital circuit" and "competitive advantage", this article proposes "capital logics" of urbanization as a theoretical tool to analyze the inner impediment of Shanghai’s urban development. Based on the analysis of nearly 30 years empirical data of Shanghai’s economy, this article states that because of the path dependency of land-based finance revenues and real estate driven economy breaks three-fold circuits of capital, Shanghai jumped from investment-driven to wealth-driven economy, without going through innovation-driven stage, and therefore incurred the plight of development.关键词
城镇化/资本循环/竞争优势/发展困境/上海Key words
Urbanization/Capital circuit/Competitive advantage/Development impediment/Shanghai分类
建筑与水利
