An assessment of the policy of poverty alleviation in continuous poverty-stricken areas: evidence from Yunnan Province, China

Poverty eradication is the key to sustainable development. China's most principal poverty alleviation policy at present is the policy of poverty alleviation in continuous poverty-stricken areas. According to panel data containing 126 county-level districts of Yunnan Province from 2006 to 2018, assessed the consequence of the poverty alleviation policy in continuous poverty-stricken areas. The combination of the PSM and DID method is pragmatic to right the possible selection partiality as well as resolve the probable endogenic complications, and a series of robustness tests have been carried out to prove the robustness of the research conclusions. The outcomes specify that the policy meaningfully upgraded the GDP thru 11.8% in these areas. Furthermore, the policy endorses economic development through the adjustment of industrial structure, lastly providing three policy suggestions to expand the level and driving force of economic development in impoverished areas.