Does Traffic Distance Affects Shanghai Free Trade Zone’s GTFP Spillover Effects? – Taking the Yangtze River Delta Region as an Example

DOI

10.2991/978-2-38476-068-8_77How to use a DOI?

Keywords

Shanghai Pilot Free Trade Zone; Yangtze River Delta region; GTFP; Spillover effects

Abstract

Shanghai Pilot Free Trade Zone is the highland of regional development, which will have spillover effects on the high-quality development of the Yangtze River Delta region, but the effects may have boundaries. Based on the data of The Yangtze River Delta region from 2003 to 2019, this paper investigates the impact of the establishment of Shanghai Pilot Free Trade Zone (SPFTZ) on Green Total Factor Productivity (GTFP) in the Yangtze River Delta region by using the Differences-in-Differences (DID) method, and analyzes the impact boundary by using the benchmark regression model. The findings: SPFTZ significantly promoted the improvement of GTFP in the Yangtze River Delta region, that is, SPFTZ has a spillover effect on the high-quality development of the Yangtze River Delta Region, in which GTC is the main driving force. Through the benchmark regression model, it is found that the spatial spillover effect of Shanghai Pilot Free Trade Zone (SPFTZ) on green total factor productivity in the Yangtze River Delta region has a significant boundary. Specifically, the effect of SPFTZ on GTFP in the region of 0–200 km is significantly negative, and the effect of SPFTZ on GTFP in the region of 200–500 km is significantly positive. The spillover effect over 500 km is not significant. This paper provides important policy reference for further improving the relationship between SPFTZ and the high-quality development of the Yangtze River Delta Urban Agglomeration and balancing regional differences in the Yangtze River Delta.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Zuankuo Liu
AU  - Yihan Zhang
PY  - 2023
DA  - 2023/07/19
TI  - Does Traffic Distance Affects Shanghai Free Trade Zone’s GTFP Spillover Effects? – Taking the Yangtze River Delta Region as an Example
BT  - Proceedings of the 2nd International Conference on Humanities, Wisdom Education and Service Management (HWESM 2023)
PB  - Atlantis Press
SP  - 619
EP  - 629
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-068-8_77
DO  - 10.2991/978-2-38476-068-8_77
ID  - Liu2023
ER  -