Sustainability, Год журнала: 2024, Номер 16(8), С. 3338 - 3338
Опубликована: Апрель 16, 2024
The COVID-19 outbreak in 2020 has underscored the paramount importance of regional economies’ capacities to withstand and adapt external shocks. Enhancing economic resilience mitigating adverse impacts on both economy society have emerged as critical imperatives for ensuring sustainable development transformation national economy. This paper employs an improved counterfactual method measure index across 31 Chinese provinces cities from 2001 2021, coupled with empirical analysis using a dynamic panel model identify influencing factors resilience. Building upon this foundation, study delves into heterogeneous effects various different degrees marketization regions. Research Findings: (1) There been significant improvement levels China’s provinces, differences between regions far exceeding those levels, indicating substantial internal disparities. (2) Factors such index, industrial structure, level informatization, labor force size, quality, innovation capacity, degree government intervention all impact exhibit heterogeneity. Policy Recommendations: It is crucial address disparities while formulating strategies enhancing Regions should accelerate market-oriented reforms, promote rational mobility, strengthen investment human capital, foster innovation, adjust intervention.
Язык: Английский