Full-Text Search:
Home|Journal Papers|About CNKI|User Service|FAQ|Contact Us|中文
《China Industrial Economics》 2019-11
Add to Favorite Get Latest Update

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
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
【Citations】
Chinese Journal Full-text Database 2 Hits
1 Ma Chen;Cheng Maoyong;Zhang Junrui;Zeng Zhen;;The Effect of Geographical Proximity on Accounting Misstatement——based on the Moderation Effect of Media Environment[J];投资研究;2015-09
2 Huang Fuguang;Peng Tao;Shao Yan;Business School, Nankai University;;How Does Geographical Distance Affect Venture Capital's Investment in New Firms[J];南开管理评论;2014-06
【Secondary Citations】
Chinese Journal Full-text Database 10 Hits
1 Ma Chen;Cheng Maoyong;Zhang Junrui;;Financial Restatement, Timeliness of Annual Report Disclosure and Stock Price Volatility[J];投资研究;2015-01
2 MA Chen;CHENG Mao-yong;ZHANG Jun-rui;School of Economics and Management,Northwest University;School of Economics and Finance,Xi'an Jiaotong University;School of Management,Xi'an Jiaotong University;;Can Auditor Change Improve Audit Quality for Listed Firms?From Experience of Repeat Restatement[J];中国软科学;2014-10
3 HUANG Fuguang;PENG Tao;TIAN Lihui;;The Effects of Venture Capital on the Entrepreneurial Firms' Investment[J];金融研究;2013-08
4 LI Lin1,HAN Bao-long2,GAO Pan1(1.College of Economy and Trade,Hunan University,Changsha 410079,China; 2.Ecological Environment Research Centre of Chinese Academy of Sciences,Beijing 100085,China);An Empirical Study on the Effects of Geographical Proximity on Cluster Innovation[J];中国软科学;2013-01
5 Song Yu et al.;Do Geographical Features Affect the Holding Decision-making of Institutional Investors? Empirical Evidence from China's Securities Market[J];会计研究;2012-07
6 Li Yan1,Luo Guofeng2,Ma Shimei3 1 School of Business Administration,Northeastern University,Shenyang 110819,China 2 Department of Management,Northeastern University at Qinhuangdao,Qinhuangdao 066004,China 3 Department of Information and Computational Science,Northeastern University at Qinhuangdao,Qinhuangdao 066004,China;An Empirical Study of Human Capital and Investment Strategies of Venture Capital Firms[J];管理科学;2012-03
7 He Jiangang & Wei Minghai;Control Rights,Media,and Market Governance Effects:Perspective of Financial Report Restatements[J];会计研究;2012-04
8 Ma Chen, Zhang Junrui School of Management,Xi'an Jiaotong University;Management Shareholding, Leadership Structure and Financial Restatement[J];南开管理评论;2012-02
9 Cu Weihua,Li Peigong School of Management,Xiamen University;Empirical Study on Media as Watchdog in Corporate Governance[J];南开管理评论;2012-01
10 Wu Chaopeng,Wu Shinong,Cheng Jingya and Wang Lu(School of Management,Xiamen University);The Role of Venture Capital in the Investment and Financing Behavior of Listed Companies:Evidence from China[J];经济研究;2012-01
©2006 Tsinghua Tongfang Knowledge Network Technology Co., Ltd.(Beijing)(TTKN) All rights reserved