An Empirical Study on the Impact of New Urbanization Pilot Policy on China’s Modern Logistics Development

Zhenfang Zhang^1, and Congcong Zhang¹

¹School of Economics and Management, Shanxi University, Taiyuan, China

Cite this paper:
Zhenfang Zhang and Congcong Zhang. An Empirical Study on the Impact of New Urbanization Pilot Policy on China’s Modern Logistics Development. Social and Economic Geography. 2020; 5(1):15-19. doi: 10.12691/seg-5-1-3

Abstract

New urbanization is an important starting point to promote the economic take-off of our country, and modern logistics is a huge engine of current economic development. Then, can the vigorous development of new-type urbanization revitalize the endogenous power of modern logistics and bring a subtle influence on the development of modern logistics? Based on this, using the panel data of 286 prefecture-level cities in China from 2009 to 2017 as the sample, through the construction of the experimental group and the control group, the propensity score matching-difference in difference (PSM-DID) method was used to evaluate the effect of the new urbanization policy, and the robustness test was conducted through the counterfactual model. Finally, it is concluded that the implementation of the new urbanization has a clear promotion effect on the development of modern logistics, and on this basis, corresponding suggestions are put forward.

Keywords:
new urbanization modern logistics propensity score matching difference in difference counterfactual test

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