East-West Pairing Assistance and Cross-Regional Investment
Pairing assistance,as a form of horizontal transfer payment,has achieved outstanding achievements in mitigating regional development imbalances.Using panel data on the number of cross-regional investment subsidiaries of the city of prefecture-level from 2010 to 2020,this paper uses the difference-in-differences method to explore the policy effects of pairing assistance on enterprise cross-regional investment in the context of the 2016"Guiding Opinions on Further Strengthening East-West Poverty Alleviation Cooperation."The research findings show that the establishment of a pairing assistance relationship between the two regions significantly promotes cross-regional investment of the assisting region in the assisted region.Moreover,there is no heterogeneity effect of geographical distance or property rights,while there is an impact from marketization and dialect heterogeneity.Further analysis finds that the effects of pairing assistance policy on cross-regional investment vary with the different combinations of administrative levels between the two cities.Finally,the paper explores the regulatory effects of the pairing assistance policy on cross-regional investment from the perspectives of both the assisting and assisted parties.The research findings provide new empirical evidence for the innovative development of pairing assistance policy in the new era.
NETL
NSTL
万方数据
维普
