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ORIGINAL RESEARCH article
Front. Mar. Sci.
Sec. Marine Affairs and Policy
Volume 11 - 2024 |
doi: 10.3389/fmars.2024.1519398
This article is part of the Research Topic Challenges and Solutions in Forecasting and Decision-Making in Marine Economy and Management View all 20 articles
Impact of Smart City Construction Policy on high-quality economic development of coastal cities
Provisionally accepted- 1 College of Management, Ocean University of China, Qingdao, Shandong Province, China
- 2 Business School, Qingdao University of Technology, Qingdao, China
- 3 The Executive Committee of the Yangtze River Delta Integration Demonstration Zone, Shanghai, China
- 4 Institute of Marine Economy and Management, Shandong University of Finance and Economics, Jinan, Shandong Province, China
As a crucial strategy for promoting urbanization in China, smart city construction introduces new momentum for high-quality economic development through intelligence and informatization. Coastal cities, with their unique geographical and economic advantages, serve as important engines of highquality economic growth. Based on panel data from 53 coastal cities in China from 2003 to 2021, this study uses the super-efficiency SBM-GML index to measure green total factor productivity as an indicator of high-quality economic development and employs a time-varying difference-in-differences model to examine the impact of smart city construction on high-quality economic development in coastal areas. The findings reveal that (1) Smart city construction significantly enhances high-quality economic development in coastal cities. This conclusion remains valid in parallel trend tests, PSM-DID, placebo tests and endogeneity analysis. (2) The mechanism test shows that smart city construction development primarily promotes high-quality economic growth in coastal cities by facilitating industrial structural upgrading, optimizing resource allocation, and release household consumption potential and expanding domestic demand. However, technological innovation, which is the most important aspect of smart city construction, has not brought new opportunities for high-quality economic development in coastal cities. (3) Heterogeneity analysis shows that the policy effects of smart city are more pronounced in large cities and those with lower levels of scientific and educational development. Additionally, the impact is particularly significant in cities located within the Bohai Rim and Yangtze River Delta port clusters. Based on these findings, continued support for smart city construction is recommended, with differentiated policies tailored to the characteristics of coastal cities and port cluster development levels, alongside advancing industrial structural upgrading, optimizing resource allocation, and fostering new points of consumption growth to promote high-quality economic development in China's coastal cities.
Keywords: Smart city, Coastal cities, High-quality economic development, Super-efficiency SBM-GML index, Time-varying DID model
Received: 29 Oct 2024; Accepted: 09 Dec 2024.
Copyright: © 2024 Wang, Li, Gao and Yin. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
* Correspondence:
Yang Gao, The Executive Committee of the Yangtze River Delta Integration Demonstration Zone, Shanghai, China
Kedong Yin, Institute of Marine Economy and Management, Shandong University of Finance and Economics, Jinan, 250014, Shandong Province, China
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