A Study of the Policy Effects of Beijing‐Tianjin‐Hebei Synergistic Development Strategy on Regional Financial Development: Based on the Synthetic Control Method
Abstract:The Beijing-Tianjin-Hebei (BTH) synergistic development strategy is an important initiative proposed by China to achieve sustainable regional development in order to reduce regional development disparities. Based on the synthetic control method, this article constructs a quasi-natural experiment using Chinese panel data from 2006 to 2020 to empirically test the impact of the event of BTH cooperative development as a national strategy on the financial development of the BTH region in China. It assesses the poli… Show more
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