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| The Latest Researches on Place Based Policy and Its Implications for the Construction of Xiong'an National New District |
| Cao Qingfeng |
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Abstract The recent researches on place based policy provide a new perspective and approach for the study of Xiong'an New District.By summarizing the practical application of the place based policy in foreign countries,we find that it has the characteristics of flexible application,incompletely in accordance with the existing administrative divisions and the diversification of policy objectives.Theoretically,the existence of agglomeration externality,labor market friction and spatial correlation effects provide theoretical rationality for the place based policy,but its function is restricted by many factors.In the empirical evaluation,present researches mainly use the quasinatural experiment methods based on microbig data to estimate the policy’s causal effects,but in reality,the specific effects vary greatly.The same policy's effects may exist big difference in different locations and periods.Therefore,the construction of the Xiong'an National New District should take into account fairness and efficiency,promote regional coordination and conduct targeted assessments.
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