Volume 37 Issue 1
Jan.  2022
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LI Jing, QU Tao, CHEN Yong-shan, LI Jia-wei. On the Path and Mechanism of Manufacturing Transformation and Upgrading Driven by Servicing: Empirical Study Based on the Manufacturing Industry in Foshan from 2010 to 2018[J]. Journal of Guangdong University of Finance & Economics, 2022, 37(1): 75-86.
Citation: LI Jing, QU Tao, CHEN Yong-shan, LI Jia-wei. On the Path and Mechanism of Manufacturing Transformation and Upgrading Driven by Servicing: Empirical Study Based on the Manufacturing Industry in Foshan from 2010 to 2018[J]. Journal of Guangdong University of Finance & Economics, 2022, 37(1): 75-86.

On the Path and Mechanism of Manufacturing Transformation and Upgrading Driven by Servicing: Empirical Study Based on the Manufacturing Industry in Foshan from 2010 to 2018

  • Received Date: 2021-09-08
    Available Online: 2022-02-22
  • Publish Date: 2022-01-28
  • Based on balancing panel data from 27 manufacturing industries in Foshan from 2010 to 2018, this paper employs Mediation Model and Grey Correlation Analysis to test the links of producer-service agglomeration with technological heterogeneity manufacturing in Foshan and its efficiency impact path, in order to explore the path and mechanism of the transformation and upgrading of manufacturing industry driven by service industry. The results show that in city transformation from manufacturing to intelligent manufacturing in nature, specialized producer-service agglomeration has obvious value creation effect on manufacturing efficiency, while diversified agglomeration has significant capital crowding-out effect; IT and rental services directly improve manufacturing efficiency; agglomerated logistics, science and technology and financial services improve manufacturing efficiency intermediately through industrial association. In regions where manufacturing services are underdeveloped, it is proposed to develop IT and rental service clusters in priority, in the meanwhile strengthen digital capacity of manufacturing industry to absorb efficiency spillover from logistics, science and technology, financial services, to realize value added.
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