Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China

Research Article

Driving Mechanism of Special Zone development and establishment of STATA Economic Radiation Model: A case study of Xiongan Special Zone

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  • @INPROCEEDINGS{10.4108/eai.18-11-2022.2326891,
        author={Yuchen  Pi and Jing  Xie and Le  Yang},
        title={Driving Mechanism of Special Zone development and establishment of STATA Economic Radiation Model: A case study of Xiongan Special Zone},
        proceedings={Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China},
        publisher={EAI},
        proceedings_a={ICEMME},
        year={2023},
        month={2},
        keywords={economy of special zone; economic development; internal and external driving mechanism; heterogeneity analysis; xiong'an special zone},
        doi={10.4108/eai.18-11-2022.2326891}
    }
    
  • Yuchen Pi
    Jing Xie
    Le Yang
    Year: 2023
    Driving Mechanism of Special Zone development and establishment of STATA Economic Radiation Model: A case study of Xiongan Special Zone
    ICEMME
    EAI
    DOI: 10.4108/eai.18-11-2022.2326891
Yuchen Pi1, Jing Xie2,*, Le Yang3
  • 1: Shenyang Jianzhu University, college of management, Real estate development and management
  • 2: Yunnan Agricultural University, College of Civil and Architectural Engineering, Urban and Rural Construction Engineering and Management, KungMing, YunNan
  • 3: Hohai University, Business School, Human Resource Management
*Contact email: xiejing0930@163.com

Abstract

The Xiong'an Special Zone has become a model of high-quality development in China in just four years. The state attaches great importance to the construction of the special zone with high standards and high quality. An in-depth understanding of the driving mechanism of the construction of the special zone can provide reference and suggestions for the future construction and development of Xiong'an Special Zone, as well as help guide the construction of the special economic zones of other state-level new areas in China. This paper obtains five factors for the development of Xiong'an Special Zone through the consolidation of relevant literature and materials, selects the foreign London New City and Tokyo New City and the domestic Binhai New District and Pudong New District and Xiong'an Special Zone to conduct the heterogeneity analysis of development, and establishes the Tobit model to reflect the economic effect of Xiong'an Special Zone at the initial stage of development, and draws the following conclusions: (1) for the development of special zone, we should pay attention to the integration of industry and city; (2) the government should not interfere too much in the development process of the special zone, and it needs to rely on capital factors to adjust itself; (3) in order to meet the requirements of population admission and talent training, the construction of supporting facilities needs to be constantly improved.