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Do China’s National Agricultural Science and Technology Parks Promote County Economic Development? An Empirical Examination Based on Multi-Period DID Methods

Author

Listed:
  • Qi Yu

    (Institute of Agricultural Economics and Development, Chinese Academy of Agricultural Sciences, Beijing 100081, China)

  • Yongchang Wu

    (Institute of Agricultural Economics and Development, Chinese Academy of Agricultural Sciences, Beijing 100081, China)

  • Xueyuan Chen

    (Institute of Agricultural Economics and Development, Chinese Academy of Agricultural Sciences, Beijing 100081, China)

  • Lin Zhang

    (Institute of Agricultural Economics and Development, Chinese Academy of Agricultural Sciences, Beijing 100081, China)

  • Yaowen Liang

    (Institute of Agricultural Economics and Development, Chinese Academy of Agricultural Sciences, Beijing 100081, China)

Abstract

China’s National Agricultural Science and Technology Parks (NASTPs) play a key role in improving the nation’s agro-industrial structure and regional economic development; notably, NASTPs can demonstrate innovations in modern agricultural science and technology and, relatedly, incubate emerging modern agri-industries. However, after more than 20 years of development, scholars have not yet to confirm whether NASTPs contribute to local economies. This study sought to explore the impact of NASTPs on county economic development, to identify the mechanisms behind this impact, and to verify these effects using a multi-period double difference method based on panel data from 1743 counties in China collected between 2000 and 2019. The study found that the NASTPs significantly improved county economic development. The policy effects were mainly evident in western regions and counties with higher levels of financial resources. No spatial spillover effects were observed. The NASTPs drove county economic growth through three main channels: agglomeration, institutional environment, and innovation effects. These findings provide insights useful for designing policies related to the high-quality construction of agricultural sci-tech parks, the high-quality growth of county economies, and a reduction in regional economic development gaps.

Suggested Citation

  • Qi Yu & Yongchang Wu & Xueyuan Chen & Lin Zhang & Yaowen Liang, 2023. "Do China’s National Agricultural Science and Technology Parks Promote County Economic Development? An Empirical Examination Based on Multi-Period DID Methods," Agriculture, MDPI, vol. 13(1), pages 1-21, January.
    • Handle: RePEc:gam:jagris:v:13:y:2023:i:1:p:213-:d:1036110
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    References listed on IDEAS

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    2. Eliana La Ferrara & Alberto Chong & Suzanne Duryea, 2012. "Soap Operas and Fertility: Evidence from Brazil," American Economic Journal: Applied Economics, American Economic Association, vol. 4(4), pages 1-31, October.
    3. Thorsten Beck & Ross Levine & Alexey Levkov, 2010. "Big Bad Banks? The Winners and Losers from Bank Deregulation in the United States," Journal of Finance, American Finance Association, vol. 65(5), pages 1637-1667, October.
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    Cited by:

    1. Minming Wei & Baiyu Dong & Pingbin Jin, 2023. "Do Science Parks Promote Companies’ Innovative Performance? Micro Evidence from Shanghai Zhangjiang National Innovation Independent Demonstration Zone," Sustainability, MDPI, vol. 15(10), pages 1-20, May.

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