The Impact of the Opening of Producer Services on China's Industrial Productivity and Its International Comparison

CHEN Ming; WEI Qi; KUANG Ming-yuan

Volume 34 Issue 1

May 2021

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CHEN Ming, WEI Qi, KUANG Ming-yuan. The Impact of the Opening of Producer Services on China's Industrial Productivity and Its International Comparison[J]. Journal of Guangdong University of Finance & Economics, 2019, 34(1): 4-13.

Citation:

CHEN Ming, WEI Qi, KUANG Ming-yuan. The Impact of the Opening of Producer Services on China's Industrial Productivity and Its International Comparison[J]. Journal of Guangdong University of Finance & Economics, 2019, 34(1): 4-13.

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The Impact of the Opening of Producer Services on China's Industrial Productivity and Its International Comparison

1.
School of Economics and Trade, Guangdong University of Finance, Guangzhou 510521
2.
School of Business Administration, Guangdong University of Finance & Economics, Guangzhou 510320, China

Received Date: 2018-09-13
Available Online: 2021-05-31
Publish Date: 2019-01-28

Abstract

Abstract

This paper describes the theoretical mechanism of productivity affected by the opening of producer services from the introduction and going out of producer services, and analyzes the contribution of the opening of producer services to the output growth of the three industries since 2004 based on the grey system theory model and the growth accounting framework and makes an international comparison. The results show that the contribution rate by the opening of producer services and its subdivisions to services is the largest, followed by industry and agriculture; in the internal structure of the opening of producer services, R & D and other technological services and information services have always been the top contribution to industrial growth; compared with the United States and other countries, the opening of producer services has made the greatest contribution to the growth of labor productivity in China's three industries, but there is still a certain gap between China and developed countries. It is proposed that we should increase the import of advanced producer services technology, and attach importance to the innovation of producer services technology, in order to narrow the gap between China and developed countries in the development of industrial labor productivity.
- producer services,
- the opening of services,
- industrial productivity,
- labor productivity,
- three industries,
- international comparison

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References(25)

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