Place-Based Policies. Creation, and Agglomeration Economies: Evidence from China's Economic Zone Program

被引：484

作者：

Lu, Yi ^{[1
,2
]}

Wang, Jin ^{[3
]}

Zhu, Lianming ^{[4
]}

机构：

[1] Tsinghua Univ, Sch Econ & Management, Beijing 100084, Peoples R China

[2] Tsinghua Univ, Natl Inst Fiscal Studies, Beijing 100084, Peoples R China

[3] Hong Kong Univ Sci & Technol, Div Social Sci, Clear Water Bay, Hong Kong, Peoples R China

[4] Osaka Univ, Inst Social & Econ Res, 6-1 Mihogaoka, Osaka 5670047, Japan

来源：

AMERICAN ECONOMIC JOURNAL-ECONOMIC POLICY | 2019年 / 11卷 / 03期

关键词：

SELECTION; LOCATION; MARKET; PRODUCTIVITY; EFFICIENCY; SCHOOLS; REFORMS; GROWTH;

D O I：

10.1257/pol.20160272

中图分类号：

F [经济];

学科分类号：

020101 [政治经济学];

摘要：

Combining rich firm and administrative data, this paper examines the incidence and effectiveness of a prominent place-based policy in China: special economic zones. Establishing zones is found to have had a positive effect on capital investment, employment, output, productivity, and wages, and to have increased the number of firms in the designated areas. Net entry plays a larger role in generating those effects than incumbents. The special zone program's net benefits over three years are estimated to amount to about US$15.62 billion. Capital-intensive industries benefit more than labor-intensive ones from the zone programs.

引用

页码：325 / 360

页数：36

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