There has been ongoing interest in China's economic growth.What were the drivers of China's economic growth in past years?What policies were used to promote China's economic growth?Although different lense...There has been ongoing interest in China's economic growth.What were the drivers of China's economic growth in past years?What policies were used to promote China's economic growth?Although different lenses may be used to understand and explain China's economic growth,this paper draws on historical,theoretical,and empirical perspectives to discuss the nexus between China's regional policies and economic growth.First,we review the evolution of China's regional policy and the policy's changing emphasis in different development stages,from balanced,unbalanced,and coordinated development to synergistic development.Then we construct a theoretical model to illustrate the impact of regional policy on the local economy and conduct an empirical examination with a case study of regional policy using regression discontinuity design.This paper analyzes the concept of regional policy and the underpinning logic of economic growth and presents practical approaches to formulate a better regional policyframework.展开更多
基金supported by the Fundamental Research Funds for the Central Universities,the Center for International Knowledge on Development,and the Department for International Development.
文摘There has been ongoing interest in China's economic growth.What were the drivers of China's economic growth in past years?What policies were used to promote China's economic growth?Although different lenses may be used to understand and explain China's economic growth,this paper draws on historical,theoretical,and empirical perspectives to discuss the nexus between China's regional policies and economic growth.First,we review the evolution of China's regional policy and the policy's changing emphasis in different development stages,from balanced,unbalanced,and coordinated development to synergistic development.Then we construct a theoretical model to illustrate the impact of regional policy on the local economy and conduct an empirical examination with a case study of regional policy using regression discontinuity design.This paper analyzes the concept of regional policy and the underpinning logic of economic growth and presents practical approaches to formulate a better regional policyframework.
