Can Regional Plan Promote the Integration of Labor Market? ——Evidence from Chengdu-Chongqing Economic Circle

Integrated labour market is the basic condition of the efficient urban agglomeration. In the last 10 years, the state has issued the regional plan of Chengdu-Chongqing urban agglomeration for three times. Does regional planning promote the integration of labour market in Chengdu-Chongqing Economic Zone? This paper takes the 2011 Chengdu-Chongqing Economic Zone Regional Plan as a quasi-natural experiment, uses the synthetic control method to test whether the regional plan has an impact on the integration of the labour market in Chengdu-Chongqing Economic Zone and takes the empirical test on the factors that affect the labour market integration. The result shows that the regional plan does promote the integration of labour market. The Government Intervention, Economic Gap, Agricultural Employment, and Urbanization has a negative impact on the labour market integration. The Financial Development, Labour Force and Trade Dependence has a positive impact on the labour market integration. The conclusion of this paper plays a guiding role in promoting the economic integration of Chengdu-Chongqing Economic Circle and optimizing the efficiency of resource allocation.