This study examines the impact of China's special economic zones (SEZs) on land misallocation, primarily using city-level data for China from 2003 to 2018. The findings indicate that establishing SEZs exacerbates land misallocation by over-allocating land to cities, resulting in an average...

The establishment of Special Economic Zones (SEZs) in 2017 in Campania region in Southern Italy "Mezzogiorno" offers a valuable case study in promoting economic and territorial development. In 2024, the unified Special Economic Zone (SEZ) called 'ZES Unica' is introduced across Southern Italy,...

In September 2013, the Chinese government approved establishing Shanghai Pilot Free Trade Zone (SPFTZ), the first Pilot Free Trade Zone (PFTZ) in the country. SPFTZ mainly implements policy and institutional innovation, aiming to extend reform and opening-up, generate the dividends of reform,...

China's special economic zones (SEZs) have been established to foster business growth and innovation by improving the institutional context of specific sub-regional areas. We examine the effect of SEZs on the contribution of research and development (R&D) to the market value of firms located in...

The Wałbrzych Special Economic Zone «INVEST-PARK» has managed to transform Wałbrzych from an area known mainly as a by-gone hub for heavy industry to an attractive place to invest in, by providing subsidies in the form of tax allowances.

Policies involving what are known as Free Economic Zones (FEZs) have been popular among countries interested in attracting foreign investment. While foreign investment has generally benefited the receiving country, the effect of market rivalry is known to reverse this impact. Our paper tests,...