Impact of Migrant Workers Returning to Start Business on County-Level New-Type Urbanization
Using panel data from 1,921 counties between 2010 and 2021,and employing a quasi-natural experiment design based on the pilot policy for returnee entrepreneurship,this study examined the actual impact and underlying mechanisms of migrant workers returning to start businesses on county-level new-type urbanization.The results showed that the pilot policy for returnee entrepreneurship significantly promoted the construction of county-level new-type urbanization,with the policy effects demonstrating good sustainability.Mechanism analysis,based on the perspective of endogenous growth theory,revealed that returnee entrepreneurship promoted county-level new-type urbanization development by facilitating industrial structure upgrading and expanding the consumer market.Heterogeneity analysis indicated that returnee entrepreneurship activities had a more pronounced promoting effect on county-level new-type urbanization in key industries such as manufacturing and real estate,as well as in areas with strong clan culture,higher initial dependency ratios,and lower average years of education.
migrant workers returning to start businesscounty-level new-type urbanizationindustrial structure upgradingexpansion of consumer marketkey industriesclan cultureinitial population characteristicstechnological progress