|Table of Contents|

Agglomeration of producer services and the measurement method of technological sophistication of China’s manufacturing industry imports(PDF)

《长安大学学报(社科版)》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2022年05期
Page:
38-54
Research Field:
国际经济与贸易
Publishing date:
2022-11-30

Info

Title:
Agglomeration of producer services and the measurement method of technological sophistication of China’s manufacturing industry imports
Author(s):
CHEN Xiaohua DENG He
(School of Economics and Management, Zhejiang Sci-Tech University, Hangzhou 310018, Zhejiang, China)
Keywords:
producer services industrial agglomeration technological sophistication manufacturing industry digital industry labor productivity
PACS:
F424
DOI:
-
Abstract:
In order to analyze the impact of the agglomeration of producer services resources on the technological sophistication of China’s manufacturing industry imports, a new measurement method for the technological sophistication of China’s provincial sub-industry imports was constructed based on the modified Schott similarity model. The results indicate the following points. First, the agglomeration of producer services is conducive to reduce the technological sophistication of manufacturing industry imports, which is a robust conclusion both in the multidimensional test and at the heterogeneous industry level. This mechanism not only helps to reduce the probability that China will become a follower and a captive of the global value chain, but also allows China to escape the dilemma of being “checked” by foreign multinationals with highly technologically sophisticated products. Second, the agglomeration of producer services contributes to the improvement of labor productivity and the high-quality development of manufacturing industry, while economic growth speed, tax burden and negative external shocks will not change this mechanism. Third, guiding the agglomeration of producer services is an important way to help China get rid of the “low-end lock-in” and technological catch-up trap. It forges technological and industrial strengths for manufacturing enterprises, thus reducing the technological sophistication of manufacturing industry imports.

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Last Update: 2022-11-30