Evaluation of Local Digital Economy Policy Based on PSM-DID Method
[Purpose/Significance]The digital economy policy has become an important policy tool for the government to promote economic development,and an empirical analysis of the effectiveness of China's local digital economy policy im-plementation can be helpful to promote the local economy to achieve high-quality development.[Method/Process]This paper examined the impact of local digital economic policies on regional economic development using the PSM-DID method with panel data from 337 prefecture-level and above cities in China from 2010 to 2021.[Result/Conclusion]Local digital economic policies significantly promote regional economic growth.However,their promotional effects exhibit a two-year time lag.The implementation of digital economic policies proves to be more effective in cities with larger population sizes or higher administrative levels.Additionally,the impact of digital economic policies on regional economies in central and western regions exceeds that in eastern regions.
digital economy policypolicy evaluationdifference-in-differences modelpropensity score matchingregional economic growth
万方数据
维普
