| With the increasingly prominent characteristics of the world's service-oriented economy,the role of service factors as intermediate inputs in improving the total factor productivity of manufacturing industry has been widely recognized.However,China's service industry has gradually developed after the reform and opening up,and lags behind the developed countries in terms of management technology and openness.Therefore,the research on the liberalization of service trade is particularly important.And it is necessary to study the promotion of TFP in manufacturing industry,but the main mechanism,especially the indirect mechanism,has not been studied in depth.This paper reviews and combs the previous research results,analyzes the development status of service industry and manufacturing industry,and expounds the mechanism of service industry liberalization on total factor productivity of manufacturing industry by combining theoretical analysis and empirical research.Different from previous studies,in addition to the direct promotion of TFP by service products as intermediate inputs,this paper also focuses on the indirect mechanism of TFP growth in manufacturing industry,trying to study the direct and indirect dual effects of service trade on TFP in manufacturing industry from the perspective of industrial chain.In this paper,the total factor productivity(TFP)of various industries in manufacturing industry is calculated by using the data of manufacturing industry in China's industrial enterprise database from 1998 to 2007,and a reasonable measurement model is established to test whether the liberalization of service trade promotes the TFP of manufacturing industry and its mechanism.According to the empirical test results,this paper draws the following conclusions: first,service trade can significantly improve TFP when it is directly put into manufacturing industry as intermediate goods.Secondly,the contribution of enterprise turnover and resource reorganization decomposed by dynamic OP method to TFP is used as an intermediary variable to verify the existence of the mechanism that service trade promotes the downstream industry TFP by accelerating the enterprise turnover in manufacturing industry.Thirdly,the industrial concentration is used as the intermediary variable to verify the way that service trade can improve its production efficiency by expanding the downstream industry market channels of manufacturing industry to force the upstream industry to compete.The heterogeneity test shows that service trade plays a more important role in capital intensive and technology intensive industries than in labor-intensive industries,and capital intensive industries make more use of resources integration of upstream manufacturing industries to improve production efficiency,while technology intensive industries rely more on upstream spillover of downstream manufacturing industries.Finally,according to the above theoretical analysis and empirical test results,combined with the current situation of China's manufacturing industry and service trade liberalization,this paper puts forward corresponding policy recommendations. |
PDF Full Text Request