Abstract
In order to achieve the sustainable development of ecological resources and social economy in the Shiyang River Basin, a series of Ecological Compensation policies have been implemented in the basin. This study takes these policies as an opportunity to design an experiment. The nine counties (districts) affected by these policies are used as the experimental samples, and the period from 2000 to 2019 is the experimental period. The difference-in-differences method is used to study the effect of the series of Ecological Compensation policies in the Shiyang River Basin on the economic development of the basin. Furthermore, the regression discontinuity design was used to estimate the time and mechanism of this effect. The research found that the early start of phase I of the Key Governance Planning Project in 2006 played a significant and continuous promotive role in the economic development of the river basin; the Water Resources Allocation and Regulation Plan significantly promoted the development of tertiary industry in 2005–2007; the Key Governance Planning significantly promoted the development of primary industry in 2007–2010. The results suggest that to optimize the industrial structure to the maximum extent in the future and promote the sustainable development of ecological resources and social economy in the Shiyang River Basin, economic changes, such as water-saving green agriculture and eco-tourism, should be developed.
Highlights
The seriousness of ecological problems is emphasized by Brown, who states in his book: “ecological deficit threatens the long-term prospects of the economy, which is derived from the borrowing of future generations [1]”
The evaluation of policy effect can be regarded as an “average treatment effect (ATE)” problem, but individuals usually choose whether to participate according to the expected benefits of the policy
In order to realize the sustainable development of ecological resources and social economy, the Shiyang River Basin has explored and implemented a series of Ecological
Summary
The seriousness of ecological problems is emphasized by Brown, who states in his book: “ecological deficit threatens the long-term prospects of the economy, which is derived from the borrowing of future generations [1]”. Different sections of a basin are endowed with different ecological and economic functions. The upstream and middle reaches need to conserve water sources for the downstream in order to maximize the sustainable development of ecological resources in the whole basin. The upstream and middle reaches need to continue to carry out ecological treatment projects to limit the development of some industries that consume resources or discharge large pollutants, which will lose many economic development opportunities in the region, resulting in a serious imbalance of ecological, resource and economic interests in the upstream and downstream regions. The emergence of Ecological Compensation provides a way to solve this problem.
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