Keywords: Specialization, Industrial Policies, Guangdong, Entropy, Related Variety
This paper explores the role of Specialized Towns in regional development and territorial
specialization in Guangdong, China. The scope of the analysis is to identify territorial specialization
through a measure of policy intensity (based on the number of Specialized Towns for each
sector) and to explores the relation between policy incentives and the economic performance
of territories. Moreover, we calculated a measure of entropy at the prefecture level to estimate
the degree of relatedness among the Specialized Towns. We discovered so far that the effect of
related specialization at the policy level may have a limited effect on territorial development.