Sun Weizeng,A wu jianfeng b and zheng zheng siqi C
A SCHOOL of Economics, Central University of Finance and Economics
B CHINA Center for Economic Studies, Fudan University
C School of Civil Engineering, Tsinghua University
bet365 live casino games Can The Development Zone Policy that pioneered Chinese Industrialization Energize the Consumption of Urban Residents and Become An Important Means of a Chieving the CoordinalEd Development of Industrialization and Urbanization? WE Used the Policy Impact of Upgrading Provincial Development Zones to ConDUCT IRical Research on the ConsumptionDriven Effect of Development Zone Policy with the Differentce in Difference (DID) Model.our Findings Show that the Upgrading of Development Zones is Ing Urban Residents' Total Consumption, Personal consumption, Housing Consumption and Expendnted on Children ’s Education. This is map to the increase in Productivity Bout by the. g policy. However, In Cities that have more stringant household registration (hukou) Systems, Impose Tougher Home Purchase RESTRICTIONS (HPR) on the Floating Popuration and Have Less Social Harmony, The Labor Force is Less Willing and Less Able to Consume, Making it Hard to expand domstic demand.
Keywords:Place-Based Industrial Policy, Development Zone Policy, Upgrading Development Zones, Consumption-Driven Effect, Urbanization Quality
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