A Study on the Influence of the Development Strategy of the Yangtze River Economic Belt on the Regional Economic Relations: An Empirical Test Based on DID Modal
A Study on the Influence of the Development Strategy of the Yangtze River Economic Belt on the Regional Economic Relations: An Empirical Test Based on DID Modal
CHEN Lei, HU Lijun, HE Fang
School of Business Administration,ZhongNan University of Economics and Law,WuHan,430073,China
Abstract As one of the three development strategies in China, the Yangtze River Economic Belt has an important impact on strengthening regional economic ties and promoting coordinated economic development. Based on the analysis of the mechanism of the development strategy of the Yangtze River Economic Belt on regional economic ties, this paper calculates the intensity of economic ties between provinces and cities in the Yangtze River Economic Belt by using the urban gravity model and the intensity of central functions. Then, by using the panel data of the Yangtze River Economic Belt and its surrounding provinces and cities from 2008 to 2017, the author studies the influence of the development strategy of the Yangtze River Economic Belt on the intensity of regional economic ties by means of double difference model. The results show that the development strategy of the Yangtze River Economic Belt can significantly improve the intensity of the central function of the region as a whole and strengthen regional economic ties. However, the promoting effect is significantly different in the eastern, the middle and the western regions. The promoting effect of the development strategy of the Yangtze River Economic Belt on the intensity of economic ties in the west is greater than that of the middle region, but it is not significant in the east. Therefore, the authors suggest that the government should increase its support to the Yangtze River economic Belt, optimize resource allocation, strengthen regional division and cooperation, expand the intensity and scope of economic radiation of regional central cities, especially the eastern provinces and cities, and promote the coordinated development of the Yangtze River Economic Belt.
CHEN Lei,HU Lijun,HE Fang. A Study on the Influence of the Development Strategy of the Yangtze River Economic Belt on the Regional Economic Relations: An Empirical Test Based on DID Modal. Economic Survey, 2021, 38(2): 023.