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Development zones and firms' performance: the impact of development zones on firms' performance for a Chinese industrial cluster
被引:14
|作者:
Liu, Ye
[1
]
Wu, Yiyun
[2
]
Zhu, Xiwei
[3
]
机构:
[1] Zhejiang Univ Technol, Sch Econ, Hangzhou, Peoples R China
[2] Zhejiang Univ Finance & Econ, Sch Econ, Hangzhou, Peoples R China
[3] Zhejiang Univ, Ctr Res Private Econ, Hangzhou, Peoples R China
基金:
中国国家自然科学基金;
关键词:
industrial clusters;
development zones;
manufacturing industries;
productivity;
policy effect;
PRODUCTIVITY;
AGGLOMERATION;
INVESTMENT;
POLICY;
WINNERS;
CITIES;
LOSERS;
US;
D O I:
10.1080/00343404.2022.2107192
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
This paper examines the policy effect of development zones on firms' performance, excluding the agglomeration effect. We constructed an industrial cluster dataset on China's manufacturing industries to identify the impacts on firms' productivity and other performance indices after the establishment of development zones in 2006. Based on the estimated results obtained from a difference-in-differences analysis, development zones are conducive to promoting firms' performance, and the policy effect is heterogeneous across industrial clusters, regions and firms. The findings drawn from this study can be beneficial to policymakers in their pursuit of promoting regional development through favourable industrial policies.
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页码:868 / 879
页数:12
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