This paper presents an empirical study on the impact of Free Trade Zone (FTZ) pilot policies on urban economic growth and their spatial spillover effects based on a the spatial difference-in-differences econometric model according to the panel data of 220 cities at prefecture level and above in 21 provincial-level FTZs established in 2006-2020. The results show that: 1) The pilot policies of FTZs can promote the economic growth of the pilot cities through two pathways,namely,opening-up and innovation spillover. 2) both of these pathways have strong spatial spillover,reflecting the characteristic of "leading from the point to the surface" and driving the growth of the whole area of provincial-level FTZs. 3) The policy effect of FTZ pilot policies and their spatial spillover is positively influenced by the area of FTZ. Accordingly, this paper argues that it should continue to increase the implementation of China's FTZ strategy,optimize the spatial layout,enhance the innovation capacity and improve the park construction,and promote the high-quality development of the regional economy.
DING Renzhong, LI Ximing
. Spatial Effect of Provincial-level Free Trade Zone Pilot Policy on Urban Economic Growth[J]. Economic geography, 2024
, 44(2)
: 21
-30
.
DOI: 10.15957/j.cnki.jjdl.2024.02.003
[1] 习近平. 高举中国特色社会主义伟大旗帜为全面建设社会主义现代化国家而团结奋斗——在中国共产党第二十次全国代表大会上的报告[R/OL]. 中国政府网,https://www.gov.cn/xinwen/2022-10/25/content_5721685.htm,2022-10-16.
[2] Hamada K.An economic analysis of the duty-free zone[J]. Journal of International Economics,1974,4(3):225-241.
[3] Hamilton C,E.O. Svensson L. On the welfare effects of a ‘duty-free zone’[J]. Journal of International Economics,1982,13(1):45-64.
[4] Bhagwati J,N S T. Trade and poverty in the poor countries[J]. American Economic Review,2002,92(2):180-183.
[5] Miyagiwa K F.A reconsideration of the welfare economics of a free-trade zone[J]. Journal of International Economics,1986,21(3):337-350.
[6] Castilho M,Menéndez M,Sztulman A A.Poverty and inequality dynamics in Manaus:Legacy of a free trade zone?[J]. Clinical Endocrinology,2015,72(1):112-121.
[7] Cling J-P,Razafindrakoto M,Roubaud F.Export processing zones in Madagascar:A success story under threat?[J]. World Development,2005,33(5):785-803.
[8] Jenkins G P,Kuo C-Y.Taxing mobile capital in free trade zones to the detriment of workers[J]. Asia-Pacific Journal of Accounting & Economics,Routledge,2019,26(3):207-222.
[9] Palmioli G,Heal A.Structural economic reform in China:The role of the Shanghai free trade zone[J]. Trade Insights,2014(3):1-12.
[10] 殷华,高维和. 自由贸易试验区产生了“制度红利”效应吗?——来自上海自贸区的证据[J]. 财经研究,2017,43(2):48-59.
[11] 王利辉,刘志红. 上海自贸区对地区经济的影响效应研究——基于“反事实”思维视角[J]. 国际贸易问题,2017(2):3-15.
[12] 刘秉镰,吕程. 自贸区对地区经济影响的差异性分析——基于合成控制法的比较研究[J]. 国际贸易问题,2018(3):51-66.
[13] 陈林,肖倩冰,邹经韬. 中国自由贸易试验区建设的政策红利[J]. 经济学家,2019(12):46-57.
[14] 李世杰,赵婷茹. 自贸试验区促进产业结构升级了吗?——基于中国(上海)自贸试验区的实证分析[J]. 中央财经大学学报,2019(8):118-128.
[15] 项后军,何康. 自贸区的影响与资本流动——以上海为例的自然实验研究[J]. 国际贸易问题,2016(8):3-15.
[16] 徐明棋. 上海自由贸易试验区金融改革开放与人民币国际化[J]. 世界经济研究,2016(5):3-10,134.
[17] 冯帆,许亚云,韩剑. 自由贸易试验区对长三角经济增长外溢影响的实证研究[J]. 世界经济与政治论坛,2019(5):118-138.
[18] 张军,闫东升,冯宗宪,等. 自由贸易区的经济增长效应研究——基于双重差分空间自回归模型的动态分析[J]. 经济经纬,2019,36(4):71-77.
[19] 毛艳华. 自贸试验区是新一轮改革开放的试验田[J]. 经济学家,2018(12):47-56.
[20] Beck T,Levine R,Levkov A.Big bad banks? The winners and losers from bank deregulation in the United States[J]. The Journal of Finance,2010,65(5):1637-1667.
[21] Pace R K,LeSage J P. A sampling approach to estimate the log determinant used in spatial likelihood problems[J]. Journal of Geographical Systems,2009,11(3):209-225.
[22] Callaway B,Sant’Anna P H C. Difference-in-differences with multiple time periods[J]. Journal of Econometrics,2021,225(2):200-230.
[23] Goodman-Bacon A.Difference-in-differences with variation in treatment timing[J]. Journal of Econometrics,2021,225(2):254-277.
