| Issue |
E3S Web Conf.
Volume 275, 2021
2021 International Conference on Economic Innovation and Low-carbon Development (EILCD 2021)
|
|
|---|---|---|
| Article Number | 03020 | |
| Number of page(s) | 4 | |
| Section | Environmental Protection and Governance Innovation Technology Research | |
| DOI | https://doi.org/10.1051/e3sconf/202127503020 | |
| Published online | 21 June 2021 | |
Has “The Belt and Road” initiative promoted regional economic growth and economic innovation?
Yantai Research Institute of China Agricultural University, Yantai, Shandong, China
* Corresponding author: guoruolin0121@163.com
The article regards “The Belt and Road” initiative as a quasi-natural experiment. Based on the county panel data from 1999 to 2017, difference-in-differences model (DID) is used to examine the impact of the “The Belt and Road” initiative on regional economic growth and economic innovation. The study found that the “The Belt and Road” initiative can significantly increase the economic growth and innovation of the region. Through the placebo test and the robustness test, it shows good policy uniqueness characteristics. The article further analyzes the heterogeneity of the initiative. The study found that the initiative has more obvious economic growth and innovation in the central region.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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