Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 54 , 01 December 2023
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An Empirical Analysis of the Effects of Public Aviation Transport Service Subsidy Policies in China: A Multi-Period DID Approach
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Abstract
Public aviation transport plays a vital role in the comprehensive transportation system of a country. To ensure the healthy development of the public aviation transport industry, the government has implemented a series of subsidy policies. Evaluating the effectiveness of these subsidy policies is of significant importance for the economic and social development of regions and the improvement of people’s quality of life. This paper empirically analyzes the effects of subsidy policies on regional aviation routes using a multi-period Difference-in-Differences (DID) model based on data spanning from 2009 to 2019. The research indicates that subsidy policies have a positive feedback effect on the public aviation transport industry and are likely to continue producing favorable outcomes. However, there are regional variations in the responses to these policies. Furthermore, considering the current policy landscape and research findings, this paper offers recommendations for optimizing subsidy policies, providing valuable insights for policy decision-making.
Keywords
public aviation transport, subsidy, Difference-in-Differences (DID) method
References
1. Xin Xiangfei, Zhang Yi, Wang Jimin. Evaluation of the Effectiveness of China’s Grain Subsidy Policy: A Perspective on Grain Production and Farmers’ Income. Economic Issues, 2016, No. 2.
2. Huang Ruping. Research on the Effectiveness of China’s Agricultural Support and Protection Subsidy Policies: Evidence from Multi-Period DID. Central University of Finance and Economics, 2022.
3. Qiu Huanguang, Cai Yaqing, Bai Junfei, et al. Research on the Implementation Effect of Household Biogas Subsidy Policy in Rural China. Agricultural Economics Issues, 2013, No. 2: 85-92.
4. Zhang Siming, Zhao Rong, Li Yuchao, et al. Research on the Synergy of Central and Local Civil Aviation Subsidy Policies. Civil Aviation Management, 2019, No. 2: 160-163.
5. Xie Zhuguang, Zhou Qian. The Impact of the Western Development on the Upgrading of Industrial Structure in Western China. Modern Business, 2020, No. 29: 86-89.
6. Qi Jianhong, Liu Zhirou, Cui Zhenguan. The Belt and Road Initiative and the Efficiency Improvement of China’s Overseas Investment: An Empirical Study Based on the Double Difference Method. Shandong Social Sciences, 2022, No. 9: 86-97.
Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-155-1
- ISBN (Online)
- 978-1-83558-156-8
- Published Date
- 01 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/54/20230869
- Copyright
- 01 December 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited