IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6239-701-9_20.html

Low-altitude Economy and Cross-regional Investment

In: Proceedings of the 2026 11th International Conference on Social Sciences and Economic Development (ICSSED 2026)

Author

Listed:
  • Jisen Chang

    (Southwest Petroleum University)

Abstract

The low-altitude economy represents a new form of productive forces, and its impact on enterprises’ cross-regional investment warrants further examination. Drawing on data from Chinese A-share listed companies between 2001 and 2024, this study employs a fixed-effects model to analyze how low-altitude economy pilot policies influence enterprises’ cross-regional investment. Results indicate that such pilot policies inhibit cross-regional investment, with this conclusion remaining robust after stability tests. Further analysis reveals that the low-altitude economy exerts its effects through multiple channels: enhancing industrial agglomeration to strengthen firms’ local roots, reducing redundant resources to limit cross-regional expansion capacity, and diminishing supply chain stability to increase operational risks in distant locations. Heterogeneity analysis indicates that the suppression effect is most pronounced among state-owned enterprises, firms with weaker CEO backgrounds, and non-technology-intensive, non-capital-intensive businesses. This study reveals that the nascent low-altitude economy exerts a certain degree of restraint on interregional capital flows, thereby potentially guiding rational capital allocation.

Suggested Citation

  • Jisen Chang, 2026. "Low-altitude Economy and Cross-regional Investment," Advances in Economics, Business and Management Research, in: Joanna Rak & Md Rabiul Islam & Noralina Omar & Dragana Ostic (ed.), Proceedings of the 2026 11th International Conference on Social Sciences and Economic Development (ICSSED 2026), pages 186-197, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6239-701-9_20
    DOI: 10.2991/978-94-6239-701-9_20
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    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:spr:advbcp:978-94-6239-701-9_20. 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.

    We have no bibliographic references for this item. You can help adding them by using 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.