G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9748
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
URLhttps://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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