IDEAS home Printed from https://ideas.repec.org/a/kap/ecopln/v57y2024i5d10.1007_s10644-024-09742-6.html
   My bibliography  Save this article

Towards more resilient economy—analyzing the impact of new-type urbanization on urban economic resilience: mechanisms and spatial spillover boundaries

Author

Listed:
  • Junzhou Yu

    (Sichuan University)

  • Wenzheng Hu

    (Sichuan University)

  • Ting Deng

    (Sichuan University)

Abstract

This study delves into the new-type urbanization pilot policy (NTUP) and its impact on urban economic resilience (UER), showcasing how NTUP diverges from traditional urbanization by fostering a human-centric, sustainable, and inclusive development model. This study applies a multi-period DID model to analyze panel data from 281 Chinese cities spanning 2006 to 2022, examining NTUP’s direct effects on UER, its underlying mechanisms, and spatial spillover boundaries. Key findings demonstrate that: (1) NTUP significantly boosts UER. (2) The key channels through which NTUP enhances UER include urban technology innovation, economic agglomeration, the development of new industry sectors, and digital inclusive finance. (3) NTUP exerts a positive spatial spillover effect on the resilience of neighboring cities within a 250 km radius, but this effect diminishes to zero beyond that distance.

Suggested Citation

  • Junzhou Yu & Wenzheng Hu & Ting Deng, 2024. "Towards more resilient economy—analyzing the impact of new-type urbanization on urban economic resilience: mechanisms and spatial spillover boundaries," Economic Change and Restructuring, Springer, vol. 57(5), pages 1-41, October.
  • Handle: RePEc:kap:ecopln:v:57:y:2024:i:5:d:10.1007_s10644-024-09742-6
    DOI: 10.1007/s10644-024-09742-6
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10644-024-09742-6
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s10644-024-09742-6?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Du, Yanan & Wang, Qingxi & Zhou, Jianping, 2023. "How does digital inclusive finance affect economic resilience: Evidence from 285 cities in China," International Review of Financial Analysis, Elsevier, vol. 88(C).
    2. Ron Boschma, 2015. "Towards an Evolutionary Perspective on Regional Resilience," Regional Studies, Taylor & Francis Journals, vol. 49(5), pages 733-751, May.
    3. Jan Ole Rypestøl & Roman Martin & Nina Kyllingstad, 2022. "New regional industrial path development and innovation networks in times of economic crisis," Industry and Innovation, Taylor & Francis Journals, vol. 29(7), pages 879-898, August.
    4. J. Lobo & D. Strumsky & J. Rothwell, 2013. "Scaling of patenting with urban population size: evidence from global metropolitan areas," Scientometrics, Springer;Akadémiai Kiadó, vol. 96(3), pages 819-828, September.
    5. Ron Martin & Peter Sunley, 2015. "On the notion of regional economic resilience: conceptualization and explanation," Journal of Economic Geography, Oxford University Press, vol. 15(1), pages 1-42.
    6. Duranton, Gilles & Puga, Diego, 2005. "From sectoral to functional urban specialisation," Journal of Urban Economics, Elsevier, vol. 57(2), pages 343-370, March.
    7. Feng, Yidai & Liu, Yaobin & Yuan, Huaxi, 2022. "The spatial threshold effect and its regional boundary of new-type urbanization on energy efficiency," Energy Policy, Elsevier, vol. 164(C).
    8. Ron Martin, 2012. "Regional economic resilience, hysteresis and recessionary shocks," Journal of Economic Geography, Oxford University Press, vol. 12(1), pages 1-32, January.
    9. Ross Levine, 1997. "Financial Development and Economic Growth: Views and Agenda," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 688-726, June.
    10. Rajan, Raghuram G & Zingales, Luigi, 1998. "Financial Dependence and Growth," American Economic Review, American Economic Association, vol. 88(3), pages 559-586, June.
    11. Gary Gereffi, 2020. "What does the COVID-19 pandemic teach us about global value chains? The case of medical supplies," Journal of International Business Policy, Palgrave Macmillan, vol. 3(3), pages 287-301, September.
    12. Wang, Xueli & Wang, Lei & Zhang, Xuerong & Fan, Fei, 2022. "The spatiotemporal evolution of COVID-19 in China and its impact on urban economic resilience," China Economic Review, Elsevier, vol. 74(C).
    13. Juntao Tan & Kevin Lo & Fangdao Qiu & Xinlin Zhang & Hongbo Zhao, 2020. "Regional economic resilience of resource‐based cities and influential factors during economic crises in China," Growth and Change, Wiley Blackwell, vol. 51(1), pages 362-381, March.
    14. Zutao Ouyang & Pietro Sciusco & Tong Jiao & Sarah Feron & Cheyenne Lei & Fei Li & Ranjeet John & Peilei Fan & Xia Li & Christopher A. Williams & Guangzhao Chen & Chenghao Wang & Jiquan Chen, 2022. "Albedo changes caused by future urbanization contribute to global warming," Nature Communications, Nature, vol. 13(1), pages 1-9, December.
    15. Ron Martin & Peter Sunley & Ben Gardiner & Peter Tyler, 2016. "How Regions React to Recessions: Resilience and the Role of Economic Structure," Regional Studies, Taylor & Francis Journals, vol. 50(4), pages 561-585, April.
    16. Dan He & Yahua Tang & Luyan Wang & Muhammad Mohsin, 2023. "Can increasing technological complexity help strengthen regional economic resilience?," Economic Change and Restructuring, Springer, vol. 56(6), pages 4043-4070, December.
    17. Du, Mengfan & Zhang, Yue-Jun, 2023. "The impact of producer services agglomeration on green economic development: Evidence from 278 Chinese cities," Energy Economics, Elsevier, vol. 124(C).
    18. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    19. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
    20. Ye Fan & Ming Fang & Xin Zhang & Yongda Yu, 2023. "Will the economic growth benefit public health? Health vulnerability, urbanization and COVID-19 in the USA," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 70(1), pages 81-99, February.
    21. Yan Shen & Minggao Shen & Qin Chen, 2016. "Measurement of the new economy in China: big data approach," China Economic Journal, Taylor & Francis Journals, vol. 9(3), pages 304-316, September.
    22. Berdegué, Julio A. & Carriazo, Fernando & Jara, Benjamín & Modrego, Félix & Soloaga, Isidro, 2015. "Cities, Territories, and Inclusive Growth: Unraveling Urban–Rural Linkages in Chile, Colombia, and Mexico," World Development, Elsevier, vol. 73(C), pages 56-71.
    23. Robert Huggins & Piers Thompson, 2015. "Local entrepreneurial resilience and culture: the role of social values in fostering economic recovery," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 8(2), pages 313-330.
    24. Ugo Fratesi & Giovanni Perucca, 2018. "Territorial capital and the resilience of European regions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(2), pages 241-264, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pietro Pizzuto, 2020. "The role of regional competitiveness in shaping the heterogeneous impact of the Great Recession," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(2), pages 267-290, April.
    2. Pontarollo, Nicola & Serpieri, Carolina, 2020. "A composite policy tool to measure territorial resilience capacity," Socio-Economic Planning Sciences, Elsevier, vol. 70(C).
    3. Yuxin Li & Pingyu Zhang & Kevin Lo & Juntao Tan & Qifeng Yang, 2022. "Borderland Economic Resilience under COVID-19: Evidence from China–Russia Border Regions," IJERPH, MDPI, vol. 19(20), pages 1-22, October.
    4. Liangang Li & Pingyu Zhang & Chengxin Wang, 2022. "What Affects the Economic Resilience of China’s Yellow River Basin Amid Economic Crisis—From the Perspective of Spatial Heterogeneity," IJERPH, MDPI, vol. 19(15), pages 1-20, July.
    5. Hundt Christian & Grün Lennart, 2022. "Resilience and specialization – How German regions weathered the Great Recession," ZFW – Advances in Economic Geography, De Gruyter, vol. 66(2), pages 96-110, July.
    6. Giuseppe Terzo, 2021. "Social capital, social economy and economic resilience of Italian provinces," Papers in Regional Science, Wiley Blackwell, vol. 100(5), pages 1113-1135, October.
    7. Liangang Li & Shuoya Liu & Chen Li & Pingyu Zhang & Kevin Lo, 2022. "What Matters for Regional Economic Resilience Amid Multi Shock Situations: Structural or Agency? Evidence from Resource-Based Cities in China," Sustainability, MDPI, vol. 14(9), pages 1-18, May.
    8. Vinko Muštra & Blanka Šimundić & Zvonimir Kuliš, 2020. "Does innovation matter for regional labour resilience? The case of EU regions," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(5), pages 955-970, October.
    9. Meiyue Li & Xiaowen Wang, 2022. "How Regions React to Economic Crisis: Regional Economic Resilience in a Chinese Perspective," SAGE Open, , vol. 12(4), pages 21582440221, December.
    10. Silva, Jordana Ferreira da & Silva, Fernanda Faria & Leal, Alan Marques Miranda & Oliveira, Héder Carlos de, 2021. "Regional economic resilience and mining in the State of Minas Gerais/Brazil: The barriers of productive specialisation to formal employment and tax management," Resources Policy, Elsevier, vol. 70(C).
    11. Francesca Silvia Rota & Marco Bagliani & Paolo Feletig, 2020. "Breaking the Black-Box of Regional Resilience: A Taxonomy Using a Dynamic Cumulative Shift-Share Occupational Approach," Sustainability, MDPI, vol. 12(21), pages 1-27, October.
    12. Pascal Ricordel, 2024. "Domestic or export: What is basic at the NUTS 2 regional level? A spatial endogenous regional growth model applied in the EU," Growth and Change, Wiley Blackwell, vol. 55(1), March.
    13. Ugo Fratesi & Giovanni Perucca, 2018. "Territorial capital and the resilience of European regions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(2), pages 241-264, March.
    14. Kurikka, Heli & Grillitsch, Markus, 2020. "Resilience in the periphery: What an agency perspective can bring to the table," Papers in Innovation Studies 2020/7, Lund University, CIRCLE - Centre for Innovation Research.
    15. Giulio Cainelli & Roberto Ganau & Marco Modica, 2019. "Does related variety affect regional resilience? New evidence from Italy," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 62(3), pages 657-680, June.
    16. Paolo Rizzi & Paola Graziano & Antonio Dallara, 2018. "A capacity approach to territorial resilience: the case of European regions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(2), pages 285-328, March.
    17. Fabio Mazzola & Iolanda Cascio & Rosalia Epifanio & Giuseppe Giacomo, 2018. "Territorial capital and growth over the Great Recession: a local analysis for Italy," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 60(2), pages 411-441, March.
    18. Chang-Tai Lee & Jin-Li Hu & Ming-Hsin Kung, 2022. "Economic Resilience in the Early Stage of the COVID-19 Pandemic: An Across-Economy Comparison," Sustainability, MDPI, vol. 14(8), pages 1-25, April.
    19. repec:zbw:bofrdp:2010_021 is not listed on IDEAS
    20. Martini, Barbara, 2020. "Resilience and economic structure. Are they related?," Structural Change and Economic Dynamics, Elsevier, vol. 54(C), pages 62-91.
    21. Guandong Song & Sheng Zhong & Liuguang Song, 2022. "Spatial Pattern Evolution Characteristics and Influencing Factors in County Economic Resilience in China," Sustainability, MDPI, vol. 14(14), pages 1-20, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:ecopln:v:57:y:2024:i:5:d:10.1007_s10644-024-09742-6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.