This study highlights the changing priorities of China’s paired assistance throughout the past decades,as well as its theoretical implications and economic growth effects for recipient regions.Using panel data from 3...This study highlights the changing priorities of China’s paired assistance throughout the past decades,as well as its theoretical implications and economic growth effects for recipient regions.Using panel data from 32 prefecture-level cities from 1990 to 2020,this study uses the multiperiod difference-in-differences approach to examine how paired assistance has contributed to economic growth in Xizang Autonomous Region and Xinjiang Uygur Autonomous Region.The findings indicate that,first,the implementation of the paired assistance policy has boosted economic growth in Xizang and Xinjiang.Second,paired assistance has stimulated economic growth in recipient communities by improving infrastructure.Third,paired assistance has contributed to economic growth in recipient communities by providing improved public services such as education and healthcare.Improvements to public services have a relatively smaller indirect effect in short term than infrastructure development on economic growth.Yet both education and healthcare are crucial to people’s quality of life in recipient communities.This paper has refined and broadened research on the effects of paired assistance,providing preference for future policymaking.展开更多
Purpose-The spatiotemporal compression effect of China-Europe Railway Express(CR-Express)can reduce the filow costs of resources between China's node cities.Additionally,it can break through the limitations of low...Purpose-The spatiotemporal compression effect of China-Europe Railway Express(CR-Express)can reduce the filow costs of resources between China's node cities.Additionally,it can break through the limitations of low-added-value marine products,significantly impacting the logistics industry efficiency.However,there are few literature verifying and analyzing its heterogeneity.This study explores the impact of CR-Express on the efficiency of logistics industry in node cities and analyzes the heterogeneity.Design/methodology/approach-First,this study uses panel data to measure the efficiency of node city logistics industry.Secondiy,this study discusses the impact of the opening of CR-Express on the efficiency of logistics industry in node cities based on the multi-period differential model.Finally,according to the node city difference,the sample city experimental group is grouped for heterogeneity analysis.Findings-The results show that CR-Express can promote the urban logistics industry efficiency,with an average effect of 4.55%.According to the urban characteristics classification,the heterogeneity analysis shows that the efficiency improvement effect of logistics industry in inland cities is more obvious.The improvement effect of node cities and central cities in central and western China is stronger,especially in the sample of megacities and type I big cities.Compared with non-value chain industrial products,the CR-Express has significant promotion effects on the logistics efficiency of the cities where main goods are value chain products.Originality/value-Under the background of double cycle development,this paper can provide a scientific basis for the investment benefit evaluation of CR-Express construction and the follow-up route planning.展开更多
Can green fiscal policy(GFP)incentivize the proliferation of urban green innovation(GI)and be a novel cata‐lyst for energy conservation and emission reduction within the“dual-carbon”framework?This paper explores GF...Can green fiscal policy(GFP)incentivize the proliferation of urban green innovation(GI)and be a novel cata‐lyst for energy conservation and emission reduction within the“dual-carbon”framework?This paper explores GFP ramifications for GI by implementing a difference-in-differences model in a natural experiment centered on the“Comprehensive Demonstration City of Energy Saving and Emission Reduction Fiscal Policies”.The em‐pirical analysis reveals several key findings:(1)GFP exhibits significant augmentation at the GI level,with an observable evolutionary trend of increasing marginal impact.Importantly,these outcomes withstand rigorous robustness tests,including propensity score matching.(2)A mechanism analysis elucidates the dual impact of GFP on GI growth.GFP directly fosters GI advancement indirectly by promoting talent aggregation,expanding scientific and technological investment,and attracting external financial resources.(3)A heterogeneity analy‐sis demonstrates that GFP enhancement of GI is closely associated with the patent category,manifesting a dis‐tinct pattern of“eastern region>other regions”and“non-resource cities>resource cities”.The study’s em‐pirical findings offer crucial real-world insights to guide the Chinese government in formulating a more effi‐cient GFP and facilitating the expansion of innovative endeavors while contributing to environmentally sus‐tainable and high-value development.展开更多
The innovative city pilot policy(ICPP)is an essential manifestation of China’s construction of an innovative and green-driven development country.We incorporated urban green total factor productivity(GTFP)growth into...The innovative city pilot policy(ICPP)is an essential manifestation of China’s construction of an innovative and green-driven development country.We incorporated urban green total factor productivity(GTFP)growth into the evaluation of ICPP.Based on the panel data of 223 cities in China from 2005 to 2020,we used the difference-in-differences model to empirically assess the influence and mechanism of the ICPP on urban GTFP growth.The main results show that(i)The ICPP has maintained an effectively fluctuating promotion on urban GTFP growth,mainly manifested in the urban green technological progress improvement.(ii)The ICPP has urban heterogeneity in promoting GTFP growth in pilot cities,mainly affecting key cities such as provincial capitals.(iii)The interaction between the agglomeration of producer services and the ICPP inhibits GTFP growth in pilot cities.展开更多
This study constructs a quasi-natural experiment based on the expansion of the Yangtze River Delta urban agglomeration(YRDUA) of China in 2010 to investigate the impact and inner mechanism of urban agglomeration expan...This study constructs a quasi-natural experiment based on the expansion of the Yangtze River Delta urban agglomeration(YRDUA) of China in 2010 to investigate the impact and inner mechanism of urban agglomeration expansion on fine particulate matter(PM_(2.5)) concentrations through propensity scores in difference-in-differences models(PSM-DID) using panel data from 286 prefecturelevel cities in China from 2003 to 2016. The results show that 1) urban agglomeration expansion contributes to an overall decrease in PM_(2.5)concentration, which is mainly achieved from the original cities. For the new cities, on the other hand, the expansion significantly increases the local PM_(2.5)concentration. 2) In the long term, the significant influence of urban agglomeration expansion on PM_(2.5)concentration lasts for three years and gradually decreases. A series of robustness tests confirm the applicability of the PSM-DID model.3) Cities with weaker government regulation, a better educated population and higher per capita income present stronger PM_(2.5)reduction effects. 4) Urban agglomeration expansion affects the PM_(2.5)concentration mainly through industrial transfer and population migration, which cause a decrease in the PM_(2.5)concentration in the original cities and an increase in the PM_(2.5)concentration in the new cities.Corresponding policy suggestions are proposed based on the conclusions.展开更多
There is a worldwide consensus that excessive anthropogenic carbon dioxide emissions will lead to global warming and other environmental problems.Supports from regulations and policies have gradually implemented in th...There is a worldwide consensus that excessive anthropogenic carbon dioxide emissions will lead to global warming and other environmental problems.Supports from regulations and policies have gradually implemented in this area.As one of the most discussed policies,the carbon emissions trading schemes(CETS)has an advantage in its price-oriented and cost-saving characteristics.In this paper,we analyze and assess the CETS effect from static and dynamic perspectives by applying provincial panel data covering a period ranging from 2004 to 2017.The CETS policy has a significant constraining effect on both carbon emissions and primary energy consumption.Compared to the other two uncertainties,namely the energy price uncertainty and the technology uncertainty,the carbon permit price uncertainty has a relatively smooth impact on the economy,which is being pursued consistently by the policymakers.展开更多
China has adhered to the concept of green development since the introduction of the Belt and Road Initiative in 2013.However,as the initiative continues to advance,speculations have been raised on the possibility of i...China has adhered to the concept of green development since the introduction of the Belt and Road Initiative in 2013.However,as the initiative continues to advance,speculations have been raised on the possibility of its reduction of the environmental quality of the countries along the routes.So,has the seven-year-old Belt and Road Initiative reduced the environmental quality of these countries and how does it affect the environmental quality?To address these issues,this study conducted a quasi-natural experiment,based on the WDI 2005-2017 data,the human development index database of the World Bank and the OECD(Organization for Economic Cooperation and Development)database.A country-year panel data was constructed using the difference-in-differences model to assess the countries along the‘area’initiative for environmental effects,and to further examine the heterogeneity and the policy effect mechanism.The main conclusions were as follows:①The Belt and Road Initiative had significantly improved the environmental quality of countries along the routes.The conclusions remained robust after the introduction of the placebo test,the use of instrumental variables to alleviate possible endogenous problems and a series of other robustness tests.②The results of heterogeneity analysis showed that the Belt and Road Initiative exerted a greater effect on the countries with lower environmental quality than those with higher quality in terms of environmental improvements.③Mechanism analysis showed that the Belt and Road Initiative improved the environmental quality of countries along the routes by promoting technological progress and strengthening environmental regulation,but it failed to significantly improve the environmental quality of these countries by promoting clean energy structure and industrial structure and increasing the scale effect.Therefore,China should continue to vigorously promote the concept of developing a green Belt and Road,expand the coverage of the green Belt and Road,improve the level of clean energy structure of the Belt and Road countries through investment and cooperation,and promote the clean transformation of their industrial structure.These findings provide empirical evidence and implications for the better promotion of the green Belt and Road Initiative,and have certain reference value for the follow-up implementation of the Belt and Road Initiative.展开更多
Based on the China Household Finance Survey(CHFS)data of 2011-2017,this paper investigated the effects of China’s targeted poverty alleviation policy on rural credit access and amount using the“difference-in-differe...Based on the China Household Finance Survey(CHFS)data of 2011-2017,this paper investigated the effects of China’s targeted poverty alleviation policy on rural credit access and amount using the“difference-in-differences”methodology.This study found that the targeted poverty alleviation policy increased the availability and amount of formal credit to poor households and reduced the proportion and amount of their borrowing through informal channels,and that the effects increased amid the policy’s implementation over time.This paper further found that the policy effects were more significant for China’s western regions,reflecting a positive role of targeted poverty alleviation in coordinating pro-poor finance across regions.Compared with poor counties,poor households from non-poor counties experienced a greater increase in their probability and amount of formal credit access,reflecting China’s approach of reducing regional poverty before targeting more precisely at individual poor households.This paper also uncovered that no significant“elite capture”effect had existed in the allocation of formal agricultural credit under targeted poverty alleviation,but extremely poor households experienced no significant change in their access to formal credit.While the targeted poverty alleviation policy has helped create a sound rural credit market,it should further improve access to formal finance for extremely poor households.展开更多
As a unique environmental regulation in China,the official accountability audit was piloted in 2014.With a focus on prioritizing the ecological environment,officials in pilot districts have implemented economic constr...As a unique environmental regulation in China,the official accountability audit was piloted in 2014.With a focus on prioritizing the ecological environment,officials in pilot districts have implemented economic construction,adjusted industrial structures,and promoted coordinated development between the economy and environment.The effects of implementation have garnered widespread attention from society.However,there is limited research on the impact of an accountability audit on industrial structure adjustments.Using the“Accountability Audit of Officials for Natural Resource Assets(Trial)”released in 2015 as a quasi-natural experiment,this study collected panel data from 279 cities between 2013 and 2017.It then empirically analyzed the impact mechanism and effects of the accountability audit on industrial structure adjustment using the Propensity Score Matching and Difference-in-Differences model.The research findings indicate that the accountability audit directly impacted industrial structure adjustment,promoting the upgrading of the primary industry to the secondary industry and restricting the development of the tertiary industry.In addition,the audit is beneficial for enterprise entry,but not conducive to technological innovation,and has no significant impact on foreign direct investment.This conclusion fills a gap in the existing research and provides valuable insights for policymakers.展开更多
The national independent innovation demonstration zone(NIIDZ)is an independent innovation policy that plays a crucial role in implementing strategies.Given the importance of the NIIDZ,this study uses panel data of 278...The national independent innovation demonstration zone(NIIDZ)is an independent innovation policy that plays a crucial role in implementing strategies.Given the importance of the NIIDZ,this study uses panel data of 278 prefecture-level cities in China from 2006 to 2020 and empirically examines the effect and internal mechanism of the NIIDZ on green economic efficiency(GEE)using the difference-in-difference model(DID).The results show that the NIIDZ effectively enhances the growth of GEE,and the results remain valid through several robustness tests,such as year-by-year propensity score matching.The transmission mechanism suggests that the NIIDZ indirectly drives GEE by accelerating scientific and technological investment,promoting talent concentration,and optimizing the industrial structure.Moreover,heterogeneity analysis reveals that the promotion effect of the NIIDZ on GEE is more prominent in the eastern region and high green development level areas.The study’s findings can serve as a reference for China to further utilize the policy effectiveness of the NIIDZ and accelerate the high-quality development of the green economy in the future.展开更多
Polycentric urban development has profound impacts on urban development worldwide.Most studies have identified its complex drivers of social economy and natural condition while ignoring the state-led policy factors.In...Polycentric urban development has profound impacts on urban development worldwide.Most studies have identified its complex drivers of social economy and natural condition while ignoring the state-led policy factors.In recent years,China has undergone dramatic administrative division adjustment(ADA)during the process of unique state-led urbanization.However,as a crucial government strategy,the impacts of ADA on urban polycentricity remain unclear.This research investigates the relationship between ADA and urban polycentricity through spatial difference-in-differences models.The results reveal that ADA has contributed to the polycentric urban development in China.Specifically,boundary restructuring has more substantial impacts than hierarchy reorganization.In addition,ADA has significantly promoted urban polycentricity in local cities in central China and neighbouring cities in eastern China,while it has no significant effects in western China.Furthermore,ADA reshapes urban polycentricity mainly by the influencing mechanism of construction land and industrial structure.Policymakers should consider the various ADA’s impacts on urban polycentricity with socio-economic conditions.This research provides a deeper insight into urban spatial transformation with state-led drivers.展开更多
Against the backdrop of the carbon neutrality strategy,the key issue remains how green finance can boost enterprise green innovation and social transformation.The paper introduces the policy of Pilot Zones forGreen Fi...Against the backdrop of the carbon neutrality strategy,the key issue remains how green finance can boost enterprise green innovation and social transformation.The paper introduces the policy of Pilot Zones forGreen FinanceReform and Innovations("the PZGFRI Policy")announced in 2017 as a quasi-natural experiment and probes into whether green finance has a significant impact on enterprise green innovation as well as its mechanism based on the green patent data of China's A-share listed companies in the Shanghai Stock Exchange and the Shenzhen Stock Exchange from 2012 to 2019.The paper reaches the conclusion that the PZGFRI Policy has significantly promoted the green innovation of enterprises.In terms of heterogeneity of enterprise characteristics,it generates greater impacts on non-polluting firms,large-scale enterprises,and state-owned companies.For the heterogeneity of the financial environment,the PZGFRI Policy provides more benefits for those in regions with less competitive banks.As for the mechanism,green finance advances enterprise green innovation by increasing the proportion of long-term loans of enterprises and improving their debt structure.However,evidence related to financing cost channels has not yet been found.Continued improvement of the green financial system is preferred.Further,green finance should be encouraged to play an important role in the green transformation of society,the realization of carbon neutrality goals,and long-term ecological conservation.展开更多
基金supported by the Major Project of the National Social Science Fund of China (NSSFC)“Economic Development for Ethnic Minorities under Socialism with Chinese Characteristics and International Comparison”(Grant No. 19ZDA173)the NSSFC Project “Study on the Implementation and Development of Educational Assistance to Xizang and Xinjiang under the Horizon of the Community of the Chinese Nation”(Grant No. CMA220323)the Elite Innovation Team of Pu’er University “Innovation Team for the Prosperity of Border Regions and Common Modernization of Ethnic Minority Regions”(Grant No. 2023PEXYCXTD002)
文摘This study highlights the changing priorities of China’s paired assistance throughout the past decades,as well as its theoretical implications and economic growth effects for recipient regions.Using panel data from 32 prefecture-level cities from 1990 to 2020,this study uses the multiperiod difference-in-differences approach to examine how paired assistance has contributed to economic growth in Xizang Autonomous Region and Xinjiang Uygur Autonomous Region.The findings indicate that,first,the implementation of the paired assistance policy has boosted economic growth in Xizang and Xinjiang.Second,paired assistance has stimulated economic growth in recipient communities by improving infrastructure.Third,paired assistance has contributed to economic growth in recipient communities by providing improved public services such as education and healthcare.Improvements to public services have a relatively smaller indirect effect in short term than infrastructure development on economic growth.Yet both education and healthcare are crucial to people’s quality of life in recipient communities.This paper has refined and broadened research on the effects of paired assistance,providing preference for future policymaking.
基金National Natural Science Foundation of China(No.72071133)Hebei Provincial Department of Education Humanities and Social Science Research Major Projects(No.ZD202309).
文摘Purpose-The spatiotemporal compression effect of China-Europe Railway Express(CR-Express)can reduce the filow costs of resources between China's node cities.Additionally,it can break through the limitations of low-added-value marine products,significantly impacting the logistics industry efficiency.However,there are few literature verifying and analyzing its heterogeneity.This study explores the impact of CR-Express on the efficiency of logistics industry in node cities and analyzes the heterogeneity.Design/methodology/approach-First,this study uses panel data to measure the efficiency of node city logistics industry.Secondiy,this study discusses the impact of the opening of CR-Express on the efficiency of logistics industry in node cities based on the multi-period differential model.Finally,according to the node city difference,the sample city experimental group is grouped for heterogeneity analysis.Findings-The results show that CR-Express can promote the urban logistics industry efficiency,with an average effect of 4.55%.According to the urban characteristics classification,the heterogeneity analysis shows that the efficiency improvement effect of logistics industry in inland cities is more obvious.The improvement effect of node cities and central cities in central and western China is stronger,especially in the sample of megacities and type I big cities.Compared with non-value chain industrial products,the CR-Express has significant promotion effects on the logistics efficiency of the cities where main goods are value chain products.Originality/value-Under the background of double cycle development,this paper can provide a scientific basis for the investment benefit evaluation of CR-Express construction and the follow-up route planning.
基金supported by the National Natural Science Foun‐dation of China[Grant No.72163018]the Yunnan Philosophy and So‐cial Science Planning Project[Grant No.ZD202206]+1 种基金the Yunnan Col‐lege Students’Innovation and Entrepreneurship Training Program[Grant No.S202310674173]Zhejiang college students’science and technology innovation activity plan and new talent plan[Grant No.2022R408A001].
文摘Can green fiscal policy(GFP)incentivize the proliferation of urban green innovation(GI)and be a novel cata‐lyst for energy conservation and emission reduction within the“dual-carbon”framework?This paper explores GFP ramifications for GI by implementing a difference-in-differences model in a natural experiment centered on the“Comprehensive Demonstration City of Energy Saving and Emission Reduction Fiscal Policies”.The em‐pirical analysis reveals several key findings:(1)GFP exhibits significant augmentation at the GI level,with an observable evolutionary trend of increasing marginal impact.Importantly,these outcomes withstand rigorous robustness tests,including propensity score matching.(2)A mechanism analysis elucidates the dual impact of GFP on GI growth.GFP directly fosters GI advancement indirectly by promoting talent aggregation,expanding scientific and technological investment,and attracting external financial resources.(3)A heterogeneity analy‐sis demonstrates that GFP enhancement of GI is closely associated with the patent category,manifesting a dis‐tinct pattern of“eastern region>other regions”and“non-resource cities>resource cities”.The study’s em‐pirical findings offer crucial real-world insights to guide the Chinese government in formulating a more effi‐cient GFP and facilitating the expansion of innovative endeavors while contributing to environmentally sus‐tainable and high-value development.
基金Study on the Path of Promoting the Integration of“Three Societies”and Help Rural Revitalization in Chongqing,Chongqing Social Science Planning Office[Grant number.2019WT13]Study on the Cultivation of Language Service Talents Under the Background of Belt and Road Initiative,Chongqing Social Science Planning Office[Grant number.2021WYZX12].
文摘The innovative city pilot policy(ICPP)is an essential manifestation of China’s construction of an innovative and green-driven development country.We incorporated urban green total factor productivity(GTFP)growth into the evaluation of ICPP.Based on the panel data of 223 cities in China from 2005 to 2020,we used the difference-in-differences model to empirically assess the influence and mechanism of the ICPP on urban GTFP growth.The main results show that(i)The ICPP has maintained an effectively fluctuating promotion on urban GTFP growth,mainly manifested in the urban green technological progress improvement.(ii)The ICPP has urban heterogeneity in promoting GTFP growth in pilot cities,mainly affecting key cities such as provincial capitals.(iii)The interaction between the agglomeration of producer services and the ICPP inhibits GTFP growth in pilot cities.
基金Under the auspices of Chinese National Funding of Social Sciences (No.17AGL005)Institute of Socialism with Chinese Characteristics of Southeast University (No.DDZTZK2021C11)。
文摘This study constructs a quasi-natural experiment based on the expansion of the Yangtze River Delta urban agglomeration(YRDUA) of China in 2010 to investigate the impact and inner mechanism of urban agglomeration expansion on fine particulate matter(PM_(2.5)) concentrations through propensity scores in difference-in-differences models(PSM-DID) using panel data from 286 prefecturelevel cities in China from 2003 to 2016. The results show that 1) urban agglomeration expansion contributes to an overall decrease in PM_(2.5)concentration, which is mainly achieved from the original cities. For the new cities, on the other hand, the expansion significantly increases the local PM_(2.5)concentration. 2) In the long term, the significant influence of urban agglomeration expansion on PM_(2.5)concentration lasts for three years and gradually decreases. A series of robustness tests confirm the applicability of the PSM-DID model.3) Cities with weaker government regulation, a better educated population and higher per capita income present stronger PM_(2.5)reduction effects. 4) Urban agglomeration expansion affects the PM_(2.5)concentration mainly through industrial transfer and population migration, which cause a decrease in the PM_(2.5)concentration in the original cities and an increase in the PM_(2.5)concentration in the new cities.Corresponding policy suggestions are proposed based on the conclusions.
基金The authors are grateful for the financial supportive from the National Natural Science Foundation of China(71473010)and(41701635).
文摘There is a worldwide consensus that excessive anthropogenic carbon dioxide emissions will lead to global warming and other environmental problems.Supports from regulations and policies have gradually implemented in this area.As one of the most discussed policies,the carbon emissions trading schemes(CETS)has an advantage in its price-oriented and cost-saving characteristics.In this paper,we analyze and assess the CETS effect from static and dynamic perspectives by applying provincial panel data covering a period ranging from 2004 to 2017.The CETS policy has a significant constraining effect on both carbon emissions and primary energy consumption.Compared to the other two uncertainties,namely the energy price uncertainty and the technology uncertainty,the carbon permit price uncertainty has a relatively smooth impact on the economy,which is being pursued consistently by the policymakers.
文摘China has adhered to the concept of green development since the introduction of the Belt and Road Initiative in 2013.However,as the initiative continues to advance,speculations have been raised on the possibility of its reduction of the environmental quality of the countries along the routes.So,has the seven-year-old Belt and Road Initiative reduced the environmental quality of these countries and how does it affect the environmental quality?To address these issues,this study conducted a quasi-natural experiment,based on the WDI 2005-2017 data,the human development index database of the World Bank and the OECD(Organization for Economic Cooperation and Development)database.A country-year panel data was constructed using the difference-in-differences model to assess the countries along the‘area’initiative for environmental effects,and to further examine the heterogeneity and the policy effect mechanism.The main conclusions were as follows:①The Belt and Road Initiative had significantly improved the environmental quality of countries along the routes.The conclusions remained robust after the introduction of the placebo test,the use of instrumental variables to alleviate possible endogenous problems and a series of other robustness tests.②The results of heterogeneity analysis showed that the Belt and Road Initiative exerted a greater effect on the countries with lower environmental quality than those with higher quality in terms of environmental improvements.③Mechanism analysis showed that the Belt and Road Initiative improved the environmental quality of countries along the routes by promoting technological progress and strengthening environmental regulation,but it failed to significantly improve the environmental quality of these countries by promoting clean energy structure and industrial structure and increasing the scale effect.Therefore,China should continue to vigorously promote the concept of developing a green Belt and Road,expand the coverage of the green Belt and Road,improve the level of clean energy structure of the Belt and Road countries through investment and cooperation,and promote the clean transformation of their industrial structure.These findings provide empirical evidence and implications for the better promotion of the green Belt and Road Initiative,and have certain reference value for the follow-up implementation of the Belt and Road Initiative.
基金by the General Project of the National Natural Science Foundation of China(NSFC)(Grant No.71373213)the Key Project of the National Social Science Fund of China(NSSFC)(Grant No.16AZ014)+2 种基金the Major Project of Beijing Social Science Fund(Grant No.15ZDA45)the National Youth Talent Support Program of the Organization Department of the CPC Central Committeethe New Century Talents Program of the Ministry of Education,Beijing Youth Talent Team。
文摘Based on the China Household Finance Survey(CHFS)data of 2011-2017,this paper investigated the effects of China’s targeted poverty alleviation policy on rural credit access and amount using the“difference-in-differences”methodology.This study found that the targeted poverty alleviation policy increased the availability and amount of formal credit to poor households and reduced the proportion and amount of their borrowing through informal channels,and that the effects increased amid the policy’s implementation over time.This paper further found that the policy effects were more significant for China’s western regions,reflecting a positive role of targeted poverty alleviation in coordinating pro-poor finance across regions.Compared with poor counties,poor households from non-poor counties experienced a greater increase in their probability and amount of formal credit access,reflecting China’s approach of reducing regional poverty before targeting more precisely at individual poor households.This paper also uncovered that no significant“elite capture”effect had existed in the allocation of formal agricultural credit under targeted poverty alleviation,but extremely poor households experienced no significant change in their access to formal credit.While the targeted poverty alleviation policy has helped create a sound rural credit market,it should further improve access to formal finance for extremely poor households.
文摘As a unique environmental regulation in China,the official accountability audit was piloted in 2014.With a focus on prioritizing the ecological environment,officials in pilot districts have implemented economic construction,adjusted industrial structures,and promoted coordinated development between the economy and environment.The effects of implementation have garnered widespread attention from society.However,there is limited research on the impact of an accountability audit on industrial structure adjustments.Using the“Accountability Audit of Officials for Natural Resource Assets(Trial)”released in 2015 as a quasi-natural experiment,this study collected panel data from 279 cities between 2013 and 2017.It then empirically analyzed the impact mechanism and effects of the accountability audit on industrial structure adjustment using the Propensity Score Matching and Difference-in-Differences model.The research findings indicate that the accountability audit directly impacted industrial structure adjustment,promoting the upgrading of the primary industry to the secondary industry and restricting the development of the tertiary industry.In addition,the audit is beneficial for enterprise entry,but not conducive to technological innovation,and has no significant impact on foreign direct investment.This conclusion fills a gap in the existing research and provides valuable insights for policymakers.
基金supported by the National Natural Science Foundation of China[Grant No.72163018]the Yunnan College Students’Innovation and Entrepreneurship Training Program[Grant No.S202310674173]the Yunnan Province Basic Research Program General Project[Grant No.202401AT070393].
文摘The national independent innovation demonstration zone(NIIDZ)is an independent innovation policy that plays a crucial role in implementing strategies.Given the importance of the NIIDZ,this study uses panel data of 278 prefecture-level cities in China from 2006 to 2020 and empirically examines the effect and internal mechanism of the NIIDZ on green economic efficiency(GEE)using the difference-in-difference model(DID).The results show that the NIIDZ effectively enhances the growth of GEE,and the results remain valid through several robustness tests,such as year-by-year propensity score matching.The transmission mechanism suggests that the NIIDZ indirectly drives GEE by accelerating scientific and technological investment,promoting talent concentration,and optimizing the industrial structure.Moreover,heterogeneity analysis reveals that the promotion effect of the NIIDZ on GEE is more prominent in the eastern region and high green development level areas.The study’s findings can serve as a reference for China to further utilize the policy effectiveness of the NIIDZ and accelerate the high-quality development of the green economy in the future.
基金National Social Science Foundation of China,No.18ZDA040Humanities and Social Sciences Planning Project of the Ministry of Education in China,No.19YJA630079。
文摘Polycentric urban development has profound impacts on urban development worldwide.Most studies have identified its complex drivers of social economy and natural condition while ignoring the state-led policy factors.In recent years,China has undergone dramatic administrative division adjustment(ADA)during the process of unique state-led urbanization.However,as a crucial government strategy,the impacts of ADA on urban polycentricity remain unclear.This research investigates the relationship between ADA and urban polycentricity through spatial difference-in-differences models.The results reveal that ADA has contributed to the polycentric urban development in China.Specifically,boundary restructuring has more substantial impacts than hierarchy reorganization.In addition,ADA has significantly promoted urban polycentricity in local cities in central China and neighbouring cities in eastern China,while it has no significant effects in western China.Furthermore,ADA reshapes urban polycentricity mainly by the influencing mechanism of construction land and industrial structure.Policymakers should consider the various ADA’s impacts on urban polycentricity with socio-economic conditions.This research provides a deeper insight into urban spatial transformation with state-led drivers.
基金This paper is supported by general project of the National Natural Science Foundation of China(No.71973143).
文摘Against the backdrop of the carbon neutrality strategy,the key issue remains how green finance can boost enterprise green innovation and social transformation.The paper introduces the policy of Pilot Zones forGreen FinanceReform and Innovations("the PZGFRI Policy")announced in 2017 as a quasi-natural experiment and probes into whether green finance has a significant impact on enterprise green innovation as well as its mechanism based on the green patent data of China's A-share listed companies in the Shanghai Stock Exchange and the Shenzhen Stock Exchange from 2012 to 2019.The paper reaches the conclusion that the PZGFRI Policy has significantly promoted the green innovation of enterprises.In terms of heterogeneity of enterprise characteristics,it generates greater impacts on non-polluting firms,large-scale enterprises,and state-owned companies.For the heterogeneity of the financial environment,the PZGFRI Policy provides more benefits for those in regions with less competitive banks.As for the mechanism,green finance advances enterprise green innovation by increasing the proportion of long-term loans of enterprises and improving their debt structure.However,evidence related to financing cost channels has not yet been found.Continued improvement of the green financial system is preferred.Further,green finance should be encouraged to play an important role in the green transformation of society,the realization of carbon neutrality goals,and long-term ecological conservation.