Research On The Growth Effect Of Manufacturing Firm Dynamics In China

As Reindustrialization has become the consensus and trend of all countries in the world,manufacturing industry as the basis of economic growth has been paid more and more attention.The manufacturing competition among countries is ultimately the competition of manufacturing firms.The dynamic adjustment of market entry,growth and exit of manufacturing enterprises directly affects enterprise performance and competitiveness,and then affects economic growth.Schumpeter's economic growth theory models the idea of creative destruction with the help of firm dynamics to study innovation driven growth.This also makes firm dynamics an important topic for economists.However,the description of firm dynamics is abstract and lacks concreteness and intuition,which limits its explanatory power for many specific problems.Moreover,at present,scholars have not fully explained the micro mechanism of the impact of firm dynamics on economic growth.Therefore,this paper attempts to expand the connotation of enterprise dynamics through enterprise activity scenarios,and systematically explore the economic growth effect of enterprise dynamics from micro level to macro level,so as to theoretically explain its transmission mechanism from micro level to macro level,and empirically test the relevant hypotheses by using the micro data of Chinese manufacturing enterprises,While looking for countermeasures for China's economic growth from the micro enterprise level,we should promote the research on the enterprise dynamic mechanism of Schumpeter's economic growth theory.The first two chapters of this paper mainly explain the research background and summarize the enterprise dynamics and related economic growth theory,and then construct the theoretical analysis framework of this paper.First of all,under the background of international competition in manufacturing industry and intelligent manufacturing,this paper states the basic role of enterprises as macroeconomic growth.Then,starting from the meaning of enterprise dynamics,this paper reviews the enterprise dynamics in the theory of economic growth,and deduces the dynamic mechanism of enterprise in Schumpeter's mathematical model of economic growth,so as to lay the theoretical foundation of this paper.Finally,the theoretical analysis framework of this paper is built by integrating the connotation expansion logic clues of enterprise dynamics and the progressive logic clues from micro to macro.The third to seventh chapters of this paper,starting from the scenario of firm dynamics,along the micro to macro economic growth transmission mechanism process,explore the impact and mechanism of specific firm dynamics on firm market survival,firm productivity,regional productivity,regional innovation and regional economic growth,and provide empirical evidence for theoretical hypothesis.The third chapter is the starting point of micro analysis.Through theoretical analysis and empirical analysis of setting Cox p H model,it is found that the impact of heterogeneous scale dynamics on enterprise market survival is increasing,but the increasing speed is decreasing.In the fourth chapter,through the construction of inter enterprise social network,we investigate the impact of the dynamic network location on the total factor productivity of enterprises,and find that enterprises can adjust the network location to increase the convenience of access to information technology,or enhance the advantage of controlling social relations,so as to improve the productivity of enterprises.In the fifth chapter,based on the micro data of firm level,we design a new algorithm of industrial spatial agglomeration gravity index and firm turnover rate,and verify that the firm dynamics spatial agglomeration can promote the continuous improvement of regional productivity through the firm turnover mechanism.In the sixth chapter,through the theoretical analysis of the mathematical model of innovation convergence,and setting panel model and intermediary effect model to do empirical test,it is found that the enterprise's different entry significantly promotes the spatial convergence of innovation,while there are absolute convergence and relative convergence,and the interregional flow of R&D personnel in innovation elements has a significant intermediary effect.The seventh chapter is based on the analysis of the previous chapters,taking the Yangtze River Delta region as the research object,puts forward a new spatial method to measure the market segmentation index,and uses the instrumental variable method to test the regional economic growth effect of enterprises entering other places.It is found that enterprises entering other places can significantly promote regional economic growth,but there are significant differences between the central urban agglomeration and the peripheral urban agglomeration.Finally,in view of the above theoretical analysis conclusions and empirical test results,this paper expounds the corresponding policy implications,and analyzes the future research direction and field.