Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w26148 |
来源ID | Working Paper 26148 |
Spatial Misallocation: Evaluating Place-Based Policies Using a Natural Experiment in China | |
Binkai Chen; Ming Lu; Christopher Timmins; Kuanhu Xiang | |
发表日期 | 2019-08-12 |
出版年 | 2019 |
语种 | 英语 |
摘要 | Using the mass closure of development zones in 2004 as a natural experiment, we examine the causal effect of development zones on firm level TFP in China. The difference-in-difference estimator shows that on average, loss of development zone policies results in 6.5% loss of firms’ TFP. Locational heterogeneity is important. Within 500 kilometers from the three major seaports in China, closure of zones reduced firm-level TFP by 9.62%, whereas closure of zones farther away did not show significant effects. Market potential and local within-industry spillover effects can explain much of this locational heterogeneity. We conclude that China’s strategy of using development zones as a place-based policy to encourage inland development may have led to spatial misallocation. |
主题 | Development and Growth ; Country Studies ; Regional and Urban Economics ; Regional Economics |
URL | https://www.nber.org/papers/w26148 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583822 |
推荐引用方式 GB/T 7714 | Binkai Chen,Ming Lu,Christopher Timmins,et al. Spatial Misallocation: Evaluating Place-Based Policies Using a Natural Experiment in China. 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w26148.pdf(790KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。