Research On China EPZs Economic Performance Evaluation System

The Regional Economy is widely paid attention to by economists in the arrival of high performance intensive economic era. The Export Processing Zones (EPZs) as a form of economic zones which are built for the development of regional economy are also concerned by theorists. Since the first establishment of the EPZs in 2002, there has been almost 50 EPZs in operation in China. The amount of EPZs in China is large, but most of them are in low efficiency and have poor economic performance. China EPZs need an integrated planning for the enhancement of economic performance, so an economic performance evaluation to the past economic operation of the EPZs is inevitably in demand. It is rational to do research in the ways of evaluating the economic performance of China EPZs and in the establishment of the EPZs economic performance evaluation system to provide a useful assistant tool for the government decision making in EPZs. For the importance of EPZs economic performance evaluation system, this paper will establish an economic performance evaluation system in the way of rating the economic effects EPZs to evaluate China EPZs. This dissertation is organized in 7 chapters.The first chapter is introduction, which discusses the background of the selected topic the economic performance evaluation of China EPZs, followed by the explanation of the core concepts and the description of the overall status quo of world and China EPZs. And then there is an introduction of main thoughts, framework, methodology, innovation and limitation for the dissertation. The second chapter is the literature review and evaluation which summaries and evaluates the economic theories of EPZs, the recent researches of EPZs in performance evaluation and the researches of economic zones performance system to find out the research points. The third chapter is the economic mechanism of EPZs economic effects of performance, which shows up the core proposition of this dissertation and analyzes both the internal and external effects of economic mechanism to EPZs performance to give support to the core proposition. The fourth chapter is the establishment of China EPZs economic performance evaluation system which shows the requirements and methodology of the evaluation system, the assumptions of the evaluation system and then uses the method of AHP to establish the evaluation indexes system and the weight of the indexes to build up China EPZs performance evaluation system. The fifth chapter is the Empirical Study of China EPZs Economic Performance Evaluation System, which uses four EPZs' three years data as empirical sample to inspect the evaluation system. The sixth chapter is the Suggestions of China EPZs Economic Performance Evaluation System and Economic Performance Enhancement, which gives both suggestions on the betterment of China EPZs economic performance evolution system and China EPZs economic performance enhancement. And the last chapter is the conclusion chapter which summaries the viewpoints of the economic analysis part, the system establishment part and also the empirical part.The core proposition of this dissertation is that the economic effects of the EPZs such as trade freedom effect, specialization effect, FDI internalization effect, external scale effect, technology spillover effect and the regional brand effect are the core effects of influencing the economic performance of one country and are the evaluating indexes to the economic performance of one country. On the basis of the core proposition, a system is built to evaluate China EPZs' performance. And an empirical work is also done to inspect the system, which finds out the four empirical samples are all in high fluctuation and the economic volumes are quite small. The result of the empirical work shows the evaluating system works well and can reflect the reality of the development of China EPZs. And at last, this dissertation gives the suggestions upon the economic performance evaluation system, which are betterment of evolution indexes, betterment of selection of evolution methodology and the suggestions are also shown up as fostering led-industry and formation of scale economy, promoting more FDI and introducing positive external effects, enhancement of image and creation of regional brand to solve the problems found in the empirical work.