Policy evaluation of place-based strategies on upgrading county industrial structures amid economic structural transformation: Insights from pilot counties of China’s returning entrepreneurs
2024

Evaluating Policies for Upgrading County Industries in China

Sample size: 1997 publication 10 minutes Evidence: high

Author Information

Author(s): Tian Xianghui, Juan Zhang

Primary Institution: School of Economics and Management, Qingdao Agricultural University, Qingdao, Shandong Province, China

Hypothesis

The pilot policy of returning home to start a business is conducive to promoting the optimization of rural industrial structure.

Conclusion

The study confirms that the pilot policy of returning home entrepreneurship significantly promotes the upgrading of county industrial structures, especially in central and western regions.

Supporting Evidence

  • The pilot policy has a significant positive correlation with the upgrading of the district’s industrial structure.
  • Industrial upgrades are more significant in the central and western regions, especially in aging areas.
  • The policy promotes industrial upgrading through innovation and market effects.

Takeaway

This study shows that encouraging people to return to their hometowns to start businesses helps improve local industries and economies.

Methodology

The study uses a multi-temporal double-difference model to analyze data from 1997 counties in China from 2000 to 2021.

Potential Biases

Potential biases may arise from reliance on macroeconomic indicators and the static nature of the analysis.

Limitations

The study primarily focuses on immediate impacts and does not assess long-term effects of the policy.

Participant Demographics

The study includes data from 1997 counties across China, focusing on rural areas and returning entrepreneurs.

Statistical Information

P-Value

0.0170

Statistical Significance

p<0.01

Digital Object Identifier (DOI)

10.1371/journal.pone.0315264

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