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The Effect of Industrial Policy on Technological Companies: Evidence from China

In: Proceedings of the 2025 3rd International Academic Conference on Management Innovation and Economic Development (MIED 2025)

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  • Yuqing Ying

    (Beijing 21st Century School)

Abstract

Under background of China has implemented frequent industrial policy on technological companies, this paper employs DID empirical method to evaluate the policy effect. I use the daily stock market transition data, and use stock performance of relevant companies as the proxy of policy effect. I find that the industrial policy significantly increases the price of relevant companies and thus benefit those companies’ performance. My study has significant policy implication on the implementing of industrial policy.

Suggested Citation

  • Yuqing Ying, 2025. "The Effect of Industrial Policy on Technological Companies: Evidence from China," Advances in Economics, Business and Management Research, in: Barbara Siuta-Tokarska & Adriana Grigorescu & Md. Mamun Habib & Yifeng Zhu (ed.), Proceedings of the 2025 3rd International Academic Conference on Management Innovation and Economic Development (MIED 2025), pages 44-50, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-835-6_6
    DOI: 10.2991/978-94-6463-835-6_6
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