County economies are the cornerstone of China’s economic and social development but face challenges such as a singular industrial structure and the outflow of production factors. As an important policy tool for rural revitalization, the impact mechanism of National-Level Modern Agricultural Industrial Parks (NMAIPs) on county economies remains inadequately explored. This study aims to quantify the dynamic economic effects of the NMAIP policy through rigorous empirical analysis and elucidate the core pathways driving county economic growth. Based on panel data from 44 counties in six central Chinese provinces from 2014 to 2024, this study employs a Multi-Period Difference-in-Differences (DID) model and finds a significant one-year lag effect of the NMAIP policy: in the year following park establishment, county GDP increased by an average of 8.5%, and this positive effect persisted until the fourth year but showed a trend of marginal diminution. Pathway analysis reveals that agricultural scale expansion (measured by gross output value of agriculture, forestry, animal husbandry, and fishery) and production efficiency improvement (measured by the ratio of output value to agricultural expenditure) are the core driving mechanisms, accounting for 48% and 35% of the total effect, respectively. In contrast, the mediating roles of industrial integration (comprehensive index) and industrial structure upgrading (share of agricultural services) were not statistically significant in the short run. The policy lag primarily arises from the conversion cycle of infrastructure investment to economic output, while pathway differences are closely related to the maturity of the county’s agricultural industrial chain and resource allocation efficiency. This study provides robust empirical evidence for optimizing the timing and pathways of the NMAIP policy design: policy effect evaluations require a 1–2 year “window period”; resources should be prioritized for projects that can rapidly enhance scale and efficiency (e.g., scaled planting, technology-driven efficiency gains), laying a solid agricultural foundation before gradually fostering industrial integration. This aligns with the spirit of “avoiding industrial hollowing-out” proposed in the 2024 Central “Thousand Villages Project” and provides the Chinese experience for the policy evaluation and path selection of global agricultural parks.
Yang et al. (Tue,) studied this question.