Does industrial sustainable development policy act as a booster for urban economic growth? Evidence from China's eco‐industrial parks

IF 11.3 1区化学 Q1 CHEMISTRY, PHYSICAL

ACS Catalysis Pub Date : 2024-05-15 DOI:10.1002/sd.3039

Jian-xun Wu, Xin Nie, Han Wang

引用次数: 0

Abstract

Eco‐industrial parks (EIPs), which reduce pollution and transform the industrial sector to be more environmentally benign, represent the industrial sustainable development policy. However, little research has concentrated on its economic effects. We explore the impacts of 93 national demonstration EIPs on urban economic development using time‐varying difference‐in‐difference, based on panel data from 330 Chinese cities from 1995 to 2018. We show that EIPs have contributed to an economic growth range between 7.47% and 7.61% in pilot cities, with robustness considering price deflators and alternative satellite data on night lights. Structure, technological, and scale effects help explain the mechanisms. Further estimates show that EIPs have had mixed success in addressing the resource curse, where they only alleviate the curse for growing resource‐based cities. We argue that the industrial sustainable development policy not only conveys significant economic benefits but also holds the potential to address the resource curse.

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工业可持续发展政策是城市经济增长的助推器吗？来自中国生态工业园区的证据

生态工业园区（EIPs）可以减少污染，并将工业部门改造得更加环保，是工业可持续发展政策的代表。然而，对其经济效应的研究却很少。我们基于 1995 年至 2018 年中国 330 个城市的面板数据，采用时变差分法探讨了 93 个国家级示范工业园区对城市经济发展的影响。我们的研究表明，EIP 对试点城市经济增长的贡献率在 7.47% 到 7.61% 之间，考虑到价格缩减指数和替代的夜灯卫星数据，其稳健性较好。结构、技术和规模效应有助于解释这些机制。进一步的估算表明，工业可持续发展政策在解决资源诅咒方面取得的成功有好有坏，它们只缓解了资源型城市的增长诅咒。我们认为，工业可持续发展政策不仅能带来显著的经济效益，还具有解决资源诅咒的潜力。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

ACS Catalysis CHEMISTRY, PHYSICAL-

CiteScore

20.80

自引率

6.20%

发文量

1253

审稿时长

1.5 months

期刊介绍： ACS Catalysis is an esteemed journal that publishes original research in the fields of heterogeneous catalysis, molecular catalysis, and biocatalysis. It offers broad coverage across diverse areas such as life sciences, organometallics and synthesis, photochemistry and electrochemistry, drug discovery and synthesis, materials science, environmental protection, polymer discovery and synthesis, and energy and fuels. The scope of the journal is to showcase innovative work in various aspects of catalysis. This includes new reactions and novel synthetic approaches utilizing known catalysts, the discovery or modification of new catalysts, elucidation of catalytic mechanisms through cutting-edge investigations, practical enhancements of existing processes, as well as conceptual advances in the field. Contributions to ACS Catalysis can encompass both experimental and theoretical research focused on catalytic molecules, macromolecules, and materials that exhibit catalytic turnover.