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《China Industrial Economics》 2019-11
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The Economic Benefits of Administrative Center——Evidence from the Government Relocation Reforms in China

LU Sheng-feng;WANG Jing;CHEN Si-xia;Center for Economic Development Research,Wuhan University;Economics and Management School,Wuhan University;School of Public Finance and Taxation,Zhongnan University of Economics and Law;  
As a special scarce resource, the spatial location of the local administrative center is of great significance to the overall resource layout of the city and the development of the regional economy. In this context,recently, some cities have begun to "cool down" the core urban areas through the relocation of government administrative centers, aiming to transform the existing resource allocation pattern of the city to seek the sustainably and healthily development. Based on the longitude and latitude coordinates of local government relocation reforms from 1999 to 2012 to match the DMSP/OLS satellite data, this paper constructs the DID model to evaluate the economic benefits of the administrative center from a purely spatial perspective and a smaller geographical scale.The empirical results show that: ①The relocation of administrative center has significantly promoted the economic development in the region, that is, the economic benefits of the administrative center are significant. ② The economic benefits of the local administrative center have a geographical attenuation effect, the impacts are greater in the radius range closer to the relocation point. ③On the dynamic trend of impact, government relocation reforms promote economic development in the short term and its role is increasing, but its role is weakening and gradually disappearing in the long term. ④In terms of impact mechanism, the move-in of administrative center will ultimately promote regional economic development through economic agglomeration effect and public resource space reallocation effect. Therefore, this study has policy implications for the optimal allocation of urban spatial patterns and how to play the economic driving role of administrative center more effectively.
【Fund】: 国家自然科学基金青年项目“收入不平等代际传递与财政支出干预设计:评估技术及应用”(批准号71503187);国家自然科学基金青年项目“政府投资激励政策的效应评估及优化设计:基于准自然实验与微观计量技术分析”(批准号71503270);; 武汉大学人文社会科学青年学术团队建设项目“发展经济学研究的新思路:理论设计、实验检验与政策评估”(批准号2019-12)
【CateGory Index】: D630;F301.2
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