Impact of the Yangtze River economic belt on high-quality economic development in China: Evidence from a spatial difference-in-differences model

IF 4.2 2区经济学 Q1 ECONOMICS

Economic Modelling Pub Date : 2025-02-01 DOI:10.1016/j.econmod.2024.106962

Yu He , Xiaoqi Zhang , Huan Zheng

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引用次数: 0

Abstract

In September 2016, the Yangtze River Economic Belt (YREB) was officially declared a major national strategic development region in China. However, previous studies have mainly focused on the impact of YREB implementation on environmental protection and economic growth, with limited research on sustainable economic development. Thus, based on city-level panel data during 2013–2020, this study examines the impact of YREB implementation on high-quality economic development (HQED) by using a spatial difference-in-differences model. Based on the findings, YREB implementation enhances the HQED of local regions, but not that of neighboring regions. Additionally, a mechanism analysis revealed that the policy effect is greater when the industrial structure is more advanced and human capital is richer. Meanwhile, YREB implementation only has a significant influence on HQED over the long term and in the eastern region. Overall, our study clarifies the role of YREB implementation in fostering sustainable economic development in the country.

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来源期刊

Economic Modelling ECONOMICS-

CiteScore

8.00

自引率

10.60%

发文量

295

期刊介绍： Economic Modelling fills a major gap in the economics literature, providing a single source of both theoretical and applied papers on economic modelling. The journal prime objective is to provide an international review of the state-of-the-art in economic modelling. Economic Modelling publishes the complete versions of many large-scale models of industrially advanced economies which have been developed for policy analysis. Examples are the Bank of England Model and the US Federal Reserve Board Model which had hitherto been unpublished. As individual models are revised and updated, the journal publishes subsequent papers dealing with these revisions, so keeping its readers as up to date as possible.