Do Pilot Free Trade Zones Have the Driving Effect on Regional Economic Growth:Empirical Evidences From 70 Medium-sized and Large-sized Cities
This paper uses staggered DID method to systematically evaluate the driving effect of pilot free trade zones on regional economic growth and measures the degree,dura-tion and spatial spillover distance of the driving effect.The research shows that:pilot free trade zones significantly drive the average annual GDP growth of the region where they are located with a growth rate of about 2.29 percentage points,and this driving effect has been significant for four consecutive years since the establishment of pilot free trade zones during the inspection period;pilot free trade zones have significant driving effect on the economic growth of the surrounding region within a range of 250-400 kilometers,exert no significant negative siphon effect on the economic growth of the surrounding region within 250 kilome-ters and have no significant driving effect on the economic growth of the region beyond 400 kilometers;pilot free trade zones promote regional economic growth through changing initial conditions for regional economic growth,factor productivity and market-oriented reform.The policy should give priority to supporting core cities to declare pilot free trade zones,reasonably control their planned geographical and spatial distance,and actively align with and promote the high-quality development of the Belt and Road.
pilot free trade zonesregional economic growthdriving effectstaggered DID method
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