Study on the Effect of Liaoning Free Trade Area on Regional Economy

DOI

10.2991/emle-18.2018.28How to use a DOI?

Keywords

free trade area; synthetic control method; counter-factual analysis

Abstract

In this paper, the monthly panel data of 31 provinces, municipalities and autonomous regions in China are used to evaluate the economic impact of Liaoning Free Trade area from the aspects of import and export of goods, economic growth and investment in fixed assets. By comparing the difference between the actual value of the economic variable before and after the establishment of the Free Trade area and the "counter-factual" estimate of the economic variable in the synthetic control area, this paper evaluates the policy impact of the establishment of the Free trade area. At the same time, according to the respective function orientation of the free trade area, this paper analyzes the difference influence of Liaoning free trade area on the economic index. The results show that the establishment of free trade area has a significant positive impact on export trade and economic growth to varying degrees, but it has no significant impact on import trade and fixed asset investment. The conclusion is of great significance for Liaoning Free Trade area to further improve the upgrading of free trade port.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Zhou Xiangjun
PY  - 2018/12
DA  - 2018/12
TI  - Study on the Effect of Liaoning Free Trade Area on Regional Economy
BT  - Proceedings of the 4th International Conference on Economics, Management, Law and Education (EMLE 2018)
PB  - Atlantis Press
SP  - 167
EP  - 177
SN  - 2352-5428
UR  - https://doi.org/10.2991/emle-18.2018.28
DO  - 10.2991/emle-18.2018.28
ID  - Xiangjun2018/12
ER  -