The Effects of the Development Zone Upgrading on the Diversification of Firm’s Product Exports
Evidence from Chinese Exporters
Bibliographic Data
| ID | 20301682 |
|---|---|
| Authors | Jinyong Zhan (0009-0000-8827-1160, Capital University of Economics and Business), Haihan Zhang (0000-0002-2770-0627, Research Institute for Global Value Chains, University of International Business and Economics) |
| Year | 2024 |
| Volume | 60 |
| Issue | 9 |
| Pages | 1435-1456 |
| Publication date | 2024-09-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Journal of Development Studies (JOURNAL) |
| Journal identifiers | ISSN: 0022-0388 • E-ISSN: 1743-9140 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00220388.2024.2348555 |
| OpenAlex | W4396863737 |
| Language | EN |
| Citations received | 1 |
| References cited | 45 |
Against the backdrop of frequent international trade frictions, reducing external risks in export trade through industrial policies has become crucial for China’s high-quality and steady foreign trade development. This paper examines the impact of development zone upgrading policies on the diversification of firm product exports by using a time-varying difference-in-differences model. We find that after the upgrading of development zones, the diversification of firm product exports increases by 2.13%, and concentration decreases by 1.33%. Moreover, this policy has a stronger impact on the diversification level of product exports for firms upgraded to customs special supervision areas, located inland, and engaged in general trade. These conclusions remain robust even after conducting additional robustness tests using alternative measures of the dependent variable, different identification methods for development zone upgrading, and controlling for other industrial policy effects. Furthermore, the upgrading of development zones improves export diversification through three main channels: enhancing firm innovation capabilities, optimizing management efficiency, and providing financial support to firms
Business · Diversification (marketing strategy) · Economic geography · Economics · Industrial organization · International economics · International trade · Product (mathematics) · Economic Zones and Regional Development · Global trade and economics · International Business and FDI · Marketing
Place-Based Policies, Creation, and Agglomeration Economies
Multiproduct Firms and Trade Liberalization
The Variety and Quality of a Nation's Exports
Export variety and the economic performance of countries
Market Size, Competition, and the Product Mix of Exporters
How does digital finance influence green technology innovation in China? Evidence from the financing constraints perspective
Difference-in-differences with variation in treatment timing
Difference-in-Differences with multiple time periods
Manufactured exports and terms of trade of developing countries
Does development zone have spillover effect in China
The economic impact of Special Economic Zones
Import competition and firm innovation
The birth of edge cities in China
Agglomeration, absorptive capacity and knowledge governance
Processing Trade, Tariff Reductions and Firm Productivity
| Citations per year | 1 |
|---|---|
| Citation span | 2025 - 2025 (1) |
| Highly cited | No |