Assessing economic resilience in a manufacturing-based region through industrial restructuring with environmental thresholds: An updating framework

IF 5.2 1区经济学 Q1 ECONOMICS

中国经济评论 Pub Date : 2025-05-15 DOI:10.1016/j.chieco.2025.102441

Cheng Peng , Yawen Qiao , Hai Long , Yaxing Wang

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引用次数: 0

Abstract

Short run economic recovery from external shocks has been extensively discussed; however, the contribution of industrial reshaping strategies to economic resilience for coping with slow-burning shocks has not been adequately investigated. Examining data from 41 cities in China's Yangtze River Economic Zone during 2011–2020, this study develops a theoretical framework to investigate how industrial restructuring facilitated regional economic recovery from the 2008 global financial crisis in the long run. The updating framework shows that industrial reshaping may robustly promote regional economic resilience in the restructuring process, and that both technology- and innovation-based strategies are more significant and promoted in developed regions. Environmental governance has a positive mediating effect on the relationship when local environmental intensity is beyond the threshold value; otherwise, it has a negative effect. This study provides crucial reference values for the government to adopt an appropriate strategy to aid regional economic recovery from external shocks at different resilience stages, particularly in the restructuring process.

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基于环境阈值的产业结构调整评估以制造业为基础地区的经济弹性：一个更新的框架

短期经济从外部冲击中复苏已被广泛讨论；然而，产业重塑战略对应对缓慢冲击的经济弹性的贡献尚未得到充分调查。本研究以2011-2020年中国长江经济带41个城市的数据为基础，构建了一个理论框架，探讨产业结构调整对2008年全球金融危机后区域经济复苏的长期促进作用。更新框架表明，产业重塑在结构调整过程中可显著提升区域经济弹性，技术战略和创新战略在发达地区更为显著和促进。当局部环境强度超过阈值时，环境治理对二者之间的关系具有正向中介作用；否则，它会产生负面影响。该研究为政府在不同弹性阶段，特别是在结构调整过程中，采取适当的战略帮助区域经济从外部冲击中复苏提供了重要的参考价值。

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

中国经济评论 ECONOMICS-

CiteScore

10.60

自引率

4.40%

发文量

380

期刊介绍： The China Economic Review publishes original works of scholarship which add to the knowledge of the economy of China and to economies as a discipline. We seek, in particular, papers dealing with policy, performance and institutional change. Empirical papers normally use a formal model, a data set, and standard statistical techniques. Submissions are subjected to double-blind peer review.