Can policy advantages be transformed into industrial advantages? Evidences from digital economy industry development in Zhejiang Province, China.

The digital economy is a new impetus to promote high-quality economic development. We use the policies of Zhejiang Information Economy Development Demonstration Base (IEDD) and Zhejiang Software and Information Service Industry Base (SISI) established between 2015 and 2017 to design a quasi-natural experiment. By using a panel data from 2005 to 2020 in Zhejiang and the difference-in-differences model, we test the impacts of IEDD and SISI policies on digital economy development.

Air pollution outcomes, land misallocation, and the transmission through urban sprawl.

Air pollution is an inevitable negative environmental externality in the process of industrialization and urbanization in countries around the world. Land misallocation in the process of urbanization and industrialization and the resulting urban sprawl exacerbates the above problems. As a major country in the stage of rapid urbanization and industrialization, China also faces severe air pollution problems.

How do housing prices affect innovation and entrepreneurship? Evidence from China.

This paper analyzes how housing prices affect innovation and entrepreneurship. We construct a city-level panel dataset including 281 cities between 2009 and 2019 by merging housing price data from China Statistical Yearbook for Regional Economy with innovation and entrepreneurship data from Peking University Open Research Data Platform. Our results suggest that housing prices are positively associated with the vitality of innovation and entrepreneurship (VIE).