Innovation Economics and Management Research (IEMR)

Publisher:ISCCAC

Research on the Impact of Industrial Policies on the High Quality Development of Regional Economy
Authors

Nan Zhou, Mengni Guan

Corresponding Author

Mengni Guan

Publishing Date

05 December 2023

Keywords

Industrial policies, High quality development of regional economy, Index system, Entropy weight method.

Abstract

This article takes 30 provinces in China from 2007 to 2021 as research objects, constructs industrial policies intensity index basing on systematically collecting local laws and regulations and government rules. The researchers establish an evaluation index system containing three dimensions, economic development fundamentals, social achievements, and ecological outcomes, and use entropy weight method to measure the level of high-quality development of regional economy. Based on a panel data model, empirical analysis is conducted on the impact of industrial policy on high-quality regional economic development. This article draws the following main conclusions.(i) The industrial policy significantly promotes the high-quality development of regional economy. (ii) The cumulative number of local regulations and documents have a greater impact on promoting the high-quality development of regional economy than the local government rules and documents. (iii) Government expenditure, human capital, and marketization level also play a positive role in promoting the high-quality development of regional economy.

Copyright

© 2023, the Authors. Published by ISCCAC

Open Access

This is an open access article distributed under the CC BY-NC license