The Impact of New-Type Urbanization Pilot Policy on Urban Economic Resilience: Evidence from China
摘要
As cities pursue high-quality economic growth amid increasingly volatile domestic and global environments, enhancing economic resilience has emerged as a crucial strategic objective. This paper investigates the impact of new-type urbanization pilot policy (NUPP) on urban economic resilience (UER) using panel data from 292 Chinese cities spanning 2008 to 2019. Employing a difference-in-differences approach, the empirical results show that NUPP significantly enhances UER. Further analysis indicates that the mechanisms through which NUPP enhances UER—including industrial structure upgrading, technological innovation promotion, human capital accumulation, climate resilience strengthening, and digital economy development—are more pronounced in cities with lower levels of economic development. Heterogeneity analyses reveal that the positive effects of NUPP are stronger in cities with more developed industrial bases, less developed financial sectors, lower economic development levels, cities selected in the first batch of pilot programs, as well as western and inland cities. Additionally, spatial analysis identifies positive spillover effects of NUPP on the economic resilience of neighboring cities, with these effects primarily transmitted through industrial structure upgrading, technological innovation, and environmental regulation. These findings underscore the importance of deepening and refining NUPP strategies to establish sustainable, long-term pathways for fostering resilient urban economies.