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Academic Journal of Business & Management, 2023, 5(26); doi: 10.25236/AJBM.2023.052606.

Research on the impact of China's comprehensive pilot zone policies on economic growth from the perspective of dual circulation: An empirical study based on provincial panel data in Jiangsu, Zhejiang and Shanghai regions

Author(s)

Jinming Li, Ziyihui Yang, Chan Huang

Corresponding Author:
Jinming Li
Affiliation(s)

School of Economics, Guangdong University of Finance and Economics, Guangzhou, China

Abstract

In May 2020, the central government proposed to build a dual-circulation development strategy with the domestic cycle as the leading factor and the domestic and international cycles reinforcing each other. As of 2020, China has established total 105 cross-border e-commerce comprehensive pilot zones, covering 30 provinces, Autonomous regions and municipalities. However, how effective is the implementation of the cross-border e-commerce comprehensive pilot zone? Can it effectively promote economic growth? This paper takes the cross-border e-commerce comprehensive pilot zone established in Jiangsu, Zhejiang and Shanghai during 2010-2019 as the research object, builds panel data with reference to relevant studies, and evaluates the policy effect of cross-border e-commerce comprehensive pilot zone by using the difference-difference method. The results show that the cross-border e-commerce comprehensive pilot zone can significantly promote regional economic growth.

Keywords

cross-border e-commerce comprehensive pilot zone; economic growth; double difference

Cite This Paper

Jinming Li, Ziyihui Yang, Chan Huang. Research on the impact of China's comprehensive pilot zone policies on economic growth from the perspective of dual circulation: An empirical study based on provincial panel data in Jiangsu, Zhejiang and Shanghai regions. Academic Journal of Business & Management (2023) Vol. 5, Issue 26: 33-38. https://doi.org/10.25236/AJBM.2023.052606.

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