SHS Web Conf.
Volume 163, 20232023 8th International Conference on Social Sciences and Economic Development (ICSSED 2023)
|Number of page(s)
|Economic Trade and Financial Investment Analysis
|28 April 2023
Coordinated Development Strategy of the Beijing-Tianjin-Hebei Region and Regional Economic Convergence
School of Economics and Management, Beijing Jiaotong University, Beijing, China
* Corresponding author: email@example.com
This paper selected panel data of Beijing-Tianjin-Hebei and other eastern regions except Beijing- Tianjin-Hebei from 1999 to 2018. The economic convergence model, double difference method and twoway fixed effect model are used to study the influence of Beijing-Tianjin-Hebei coordinated development strategy on regional economic convergence. It is found that (1) the Beijing-Tianjin-Hebei coordinated development strategy has a negative effect on the economic growth of Beijing-Tianjin-Hebei as a whole, Tianjin city and Hebei province, the positive effect on Beijing is gradually significant, and the intra-regional economy shows a fluctuating dispersion trend; (2) the economic gap between Tianjin and Hebei Province and the rest of the east, as well as between the rest of the east and Beijing, has narrowed. The economy of the eastern region as a whole shows convergence, but the speed of convergence is relatively slow; (3) the Beijing-Tianjin-Hebei coordinated development strategy strengthens the role of human capital in driving regional economic growth, while the effect on the economic growth of other factors is insignificant or negative. Therefore, the policy dividend needs to be further stimulated.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0 (https://creativecommons.org/licenses/by/4.0/).
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