Cai, Jun; Xin, Kai; Zhou, YaHong - In: Journal of management science and engineering 6 (2021) 3, pp. 249-267
We propose a simple-to-implement dynamic panel data method to evaluate the impacts of place-based policies. The idea is … to exploit both the cross sectional dependence and the serial correlation within a panel and implement a semi difference … the Free Trade Zone (FTZ) policy implemented in Shanghai at the end of 2013 on local GDP growth rate and compare it with …