RESEARCH ON THE END-GAME EFFECT IN THE IMPLEMENTATION OF REGIONAL ECONOMIC PLANNING - AN EMPIRICAL STUDY BASED ON SUB-PROVINCIAL CITIES

Is there end-game effect in the implementation of regional economic planning? According to the game theory, there is no difference between the final game and the one-time game when approaching the end of the game. The participant's non-cooperative behavior will not be punished, so the dominant strategy of the participant in the last phase is noncooperation. Then will the deadline of the planning lead to the end-game effect of the implementer in the implementation of regional planning? Through the construction of mixed model of panel data, integrating the existing research on the influencing factors of investment in fixed assets, we choose data selected from 2006 to 2015 (Eleventh and Twelfth Five-Year Plan) of fifteen sub-provincial cities in China to examine whether exists end-game effect in the implementation of the planning. The results support our hypothesis-it indeed exist end-game effect in the implementation of regional economic planning. This study provides new ideas and methods for the sustainable development of regional economy.