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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP9748 |
DP9748 Economic Reforms and Industrial Policy in a Panel of Chinese Cities | |
Fabrizio Zilibotti | |
发表日期 | 2013-11-17 |
出版年 | 2013 |
语种 | 英语 |
摘要 | We estimate the effect on economic development of China's industrial policy, in particular, the establishment of Special Economic Zones (SEZ). We use data from a panel of 276 Chinese cities and prefectures from 1988 to 2010. Our difference-in-difference estimator exploits the variation in the establishment of SEZ across time and space. We find that the establishment of a state-level SEZ is associated with an increase in the level of GDP of about 20%, but not with a permanently steeper growth path. This finding is confirmed with alternative specifications and in a sub-sample of inland provinces, where the selection of cities to host the zones was based on administrative criteria. Decomposing the effect of SEZ on GDP into different channels shows that this worked mainly through the accumulation of physical capital, although there is some evidence of increasing productivity and human capital investments. Using light intensity as an alternative measure for economic activity confirms the positive effects of SEZ. |
主题 | Development Economics |
关键词 | China Economic growth Economic reforms Difference-in-difference Industrial policy Investments Satellite light Total factor productivity Special economic zones |
URL | https://cepr.org/publications/dp9748 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538584 |
推荐引用方式 GB/T 7714 | Fabrizio Zilibotti. DP9748 Economic Reforms and Industrial Policy in a Panel of Chinese Cities. 2013. |
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