Proceedings of the 2022 3rd International Conference on Management Science and Engineering Management (ICMSEM 2022)

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Pilot Free Trade Zone and Productivity of Enterprise

Authors
Yuetao Yang1, *
1School of Business, Zhangjiagang Campus of Jiangsu University of Science and Technology, Zhenjiang, 215600, Zhangjiagang, China
*Corresponding author. Email: 1360035761@qq.com
Corresponding Author
Yuetao Yang
Available Online 15 December 2022.
DOI
10.2991/978-94-6463-038-1_4How to use a DOI?
Keywords
Free trade zone enterprise upgrading; Difference in difference; Opening to the outside world; High-Quality development
Abstract

From the creation of the Shanghai Free Trade Zone from September 2013 to September 2020, China has set up six batches of 21 free trade zones in batches. The establishment of free trade zones may often lead to regional economic development and also have a certain impact on the production efficiency of enterprises. This paper studies how and whether the establishment of a free trade zone virtually affects the productivity of enterprises. This paper uses the latest data of 2012–2019 from Shanghai, and Shenzhen A-share listed companies; and adopts multi-period difference in difference method to explore the impact of the establishment of a free trade zone on corporate productivity. Moreover, our research takes the establishment of a free trade zone in the city whether enterprises are located during the simple period as a turning point. Studies have shown that the establishment of a free trade zone can promote the productivity of enterprises obviously, but it has heterogeneity. Besides, the test of impact mechanism shows that the establishment of a free trade zone promotes enterprises to increase R&D investment and obtain more government subsidies, thereby increasing enterprise productivity. This research provides a factual basis for the effectiveness of free trade zone policies and the realization of high-quality and high-efficient development of enterprises.

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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Volume Title
Proceedings of the 2022 3rd International Conference on Management Science and Engineering Management (ICMSEM 2022)
Series
Atlantis Highlights in Engineering
Publication Date
15 December 2022
ISBN
10.2991/978-94-6463-038-1_4
ISSN
2589-4943
DOI
10.2991/978-94-6463-038-1_4How to use a DOI?
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.

Cite this article

risenwbib
TY  - CONF
AU  - Yuetao Yang
PY  - 2022
DA  - 2022/12/15
TI  - Pilot Free Trade Zone and Productivity of Enterprise
BT  - Proceedings of the 2022 3rd International Conference on Management Science and Engineering Management (ICMSEM 2022)
PB  - Atlantis Press
SP  - 24
EP  - 35
SN  - 2589-4943
UR  - https://doi.org/10.2991/978-94-6463-038-1_4
DO  - 10.2991/978-94-6463-038-1_4
ID  - Yang2022
ER  -