Study of The Impact of The Establishment of A National-level Airside Economic Zone on The Regional Economy
Empirical Analysis Based on PSM-DID Modeling
DOI:
https://doi.org/10.54097/3kg13t13Keywords:
Airside economy, policy evaluation, PSM-DID.Abstract
In recent years, many governments have cultivated the airside economy as a new growth pole in their regions, and the construction of national airside economic zones has played an essential role in promoting economic development, enhancing international competitiveness, and facilitating industrial transformation and upgrading. The development is still in the primary stage, and there are some problems, such as uneconomical scale and the gradual weakness of driving regional economic growth. This paper analyzes the policy effects and transmission mechanism of national-level airside economic zones and regional economic development based on the panel data of national-level airside economic demonstration zones from 2012 to 2022, using the propensity score matching-multiple-period double-difference method. The study shows that establishing national-level airside economic zones significantly improves regional economic development. However, there are problems such as irrational industrial structure, and local governments and airport authorities should plan the construction of airside economic zones in a coordinated manner and accelerate the construction of industrial clusters.
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