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The Consumption-Driven Effect of Place-based Industrial Policy:An Empirical Study Based on Development Zone Policy 被引量:3
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作者 Sun Weizeng Wu Jianfeng +1 位作者 Zheng Siqi Gong Huayan 《Social Sciences in China》 2020年第4期44-62,共19页
Can the development zone policy that pioneered Chinese industrialization energize the consumption of urban residents and become an important means of achieving the coordinated development of industrialization and urba... Can the development zone policy that pioneered Chinese industrialization energize the consumption of urban residents and become an important means of achieving the coordinated development of industrialization and urbanization?We used the policy impact of upgrading provincial development zones to conduct empirical research on the consumptiondriven effect of development zone policy with the Difference in Difference(DID)model.Our findings show that the upgrading of development zones is significant in raising urban residents’total consumption,personal consumption,housing consumption and expenditure on children’s education.This is mainly due to the increase in productivity brought about by the upgrading policy.However,in cities that have more stringent household registration(hukou)systems,impose tougher home purchase restrictions(HPR)on the floating population and have less social harmony,the labor force is less willing and less able to consume,making it hard to expand domestic demand. 展开更多
关键词 place-based industrial policy development zone policy upgrading development zones consumption-driven effect urbanization quality
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