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

Yuqing Ying ()
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Yuqing Ying: Beijing 21st Century School

A chapter in Proceedings of the 2025 3rd International Academic Conference on Management Innovation and Economic Development (MIED 2025), 2025, pp 44-50 from Springer

Abstract: 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.

Keywords: Industrial Policy; DID; Technological Companies (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-835-6_6

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DOI: 10.2991/978-94-6463-835-6_6

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