Research On The Relationship Between China Economic Growth And Industrial Structure Change Under The Background Of High Growth

The relationship between economic growth and industrial structure change is a long-standing theme of economics.From William,Clark,Hoffman to Kuznets,and Chenery and other scholars have had theoretical research and empirical research,pointed out the law by which the factors of production flow among industries and lead to structural changes and their benefits to economic growth.However,economic growth and industrial structure is not a one-way relationship.Industrial restructuring promotes economic growth,and the improvement of economic growth and economic development is counteracting the industrial structure through demand and supply,promoting structural upgrading and transformation,and forming a cycle of coexistence and reciprocation.The rapid economic growth and successful structural transformation of countries and regions in the world that have experienced excessively high growth and successful structural transformation in the process of industrialization,such as the United States,Britain,Japan and the Asian tigers,proved it.Since the founding of new China,especially since the implementation of reform and opening up in 1978,with the rapid economic growth and industrial structure evolved,China has gone through the agricultural-led to industry-led process,and now is currently in a critical period of structural transformation.Whether China's structural transformation conforms to the general law of economic growth and structural transformation;whether it is similar to the successful transition countries? All this needs to be analyzed from the theoretical and empirical perspectives.On the basis of analyzing the theoretical disputes about the relationship between economic growth and industrial structure in classical economics and neoclassical economics,structuralism and new classical economics,this paper analyzes and finds that the relationship between economic growth and industrial structure change is not a one-way relationship,but interaction and mutual influence,and analyzes the mechanism of interaction between demand,supply and open environment,argues that economic growth and industrial structure affect each other,promote each other,reciprocating cycle,by the income effect of consumption-demand perspective,the substitution effect of supply-production perspective and the opening effect of the endowment-trade perspective.This paper analyzes the characteristics and influencing factors of China's economic growth from the perspective of empirical research;analyzes the influence of capital,labor force and the growth rate of total factor productivity including structural factors on China's GDP and GDP in various provinces and cities,using the production function and soliton residual value.It is found that the contribution of capital factor to GDP and regional GDP is the largest,and the contribution of labor factor investment is gradually reduced,and the influence of total factor productivity is becoming larger.Capital investment is the main force to stimulate China's economic growth.This paper analyzes the characteristics and current situation of the historical evolution of China's industrial structure by using the historical description analysis method,and finds that the change of the three industrial structures in China conforms to the general law of the transformation of the structure with the economic growth in the process of industrialization.This paper uses principal component analysis to analyze the factors influencing industrial structure change and finds that the per capita GDP,the disposable income of urban and rural residents,the per capita net income of peasant families and so on have the greatest influence on the industrial structure change,the impact on changes in industrial structure by Engel coefficient and other consumer demand structure changes,urbanization rate,the tertiary industry employment growth and import and export trade is second.Through the analysis of the three industry sub-sectors,this paper finds the existing problems,such as the increase in the value of labor and labor in the first industry is too high,the labor surplus is serious;the characteristics of heavy industry in the secondary industry are obvious,and the problems of overcapacity are highlighted;The development of modern service industry in the tertiary industry is lagging behind,with the proportion of traditional industries too large and the proportion of technology and knowledge-intensive production service industries too low.Using production function and the granger causality analysis,VAR analysis and so on,this paper quantitatively analyzes the contribution of industrial structure to economic growth,the mechanism of industrial structure and employment structure affecting GDP,the degree of impact by GDP on industrial structure changes and employment structure changes and so on.From the international perspective,with Kuznets about the characteristics of the structure transformation of the truth as the theoretical basis,the paper compare China with Europe,the United States,East Asian countries and Latin American countries within the same period and the value of the framework of comparative analysis,finds that China's industrialization process and industrial structure change are similar to the European and American countries,but differ in the time by that the tertiary industry replaced the secondary industry in the proportion of output value and employment:China is earlier than Europe,the United States and East Asia successfully transition countries,but is similar to the Latin American countries that fall into the "middle income trap".This paper further analyzes the industrial structure and economic growth of the United States,Japan,Korea and Mexico,Argentina and Thailand,and summarizes the experience and lessons.Based on the above research,the paper gets enlightenment:First,accurately grasp the relationship between economic growth and industrial structure changes,to provide a theoretical basis for effective regulation and control.Second,to objectively understand China's the characteristics of economic growth and industrial structure transition and deal with the proportion of the secondary industry premature decline.The third is to strengthen innovation and technological progress,improve China's economic growth`s "power structure."Fourth,the role of government and market should be played correctly to ensure that economic growth and industrial structure upgrading and upgrading go hand in hand.Fifth,the relationship between upgrading of industrial structure and upgrading of employment structure should be handled correctly to promote the common growth of economy and employment.Six is to speed up the structural transformation,to resolve excess capacity and other issues.The paper is divided into seven chapters.The first chapter discusses the background,purpose,ideas and methods,possible innovations and shortcomings of the topic,and the content and structure of the whole paper.The second chapter elaborates the basic theory and literature review based on this article.The third chapter analyzes the relationship between economic growth and industrial structure change theoretically.Combing the views of classical economics,neoclassical economics,structuralism and new classical economics on the relationship between industrial structure and economic growth;discussing the three effects and mechanisms of the interaction between economic growth and industrial structure,and discusses the relationship between the two.The fourth chapter analyzes the current situation and the changing characteristics of China's economic growth,the factors influencing the economic growth and the domestic differences,analyzing the impact of capital investment,labor input and total factor productivity growth on GDP and provincial and municipal GDP,and analyzing the causes.The fifth chapter analyzes the historical characteristics of China's three industrial structures,the status quo and characteristics of the sub-sectors and the influencing factors.The sixth chapter analyzes the relationship and action mechanism between economic growth and industrial structure change.The seventh chapter from the international perspective,the paper compares China with Europe,the United States,East Asian countries and Latin American countries within the same period and the value of the framework of comparative analysis,finds similarities and differences,summarizes the experience and lessons.The last part is the conclusion and enlightenments.