Theoretical Foundation of the Relationship between Market Segmentation and Regional Economic Performance

Market segmentation is the product of local protection, the problem of the reason of market segmentation, the degree of market segmentation is lower or higher, and how does market segmentation affect the local economic growth and regional economic gap, all of these questions is the focus of economic realm. This paper summarized the current literature, based on which established the theory foundation for the research on the market segmentation and local economic performance.