Research On The Development Relationship Of Producer Services And Manufacturing Industry

With the development of the economic, producer services play a crucial role in the economic growth and national competitiveness.The rapid development of producer services has aroused widespread interest, especially the relationship between producer services and manufacturing had become the research hot spot,which has very important reference value for improving the production efficiency,the adjustment of industrial structure and the world economic development.Fortune500have strong influence in quality and quantity of economy,and lead the direction of mutual relationship to a large extent between global economy and industry.Under the background of globalization,the paper focuses on the research about the relationship between producer services and manufacturing development,and discovers mutual quantitative relationship from the view of Fortune500.And we will give reasonable advices on how to develop national producer services and manufacturing as well as boost the economic development in a healthy way.The paper has four parts.The first past is to illustrate the background of this topic and its significance,and make a brief introduction about domestic and overseas situation.The second part is to depict developmental condition of producer services in Fortune500from1995to2010,focusing on the change of the producer service, manufacture assets,operation revenues, pro fits,and the number of employees,return on assets operating profit ratio and per capital profit margins.The overall power of Fortune500is decisive in economy and its industrial structure’s changing lead global economic development. In the third part, firstly we give research method in this paper, and then make unit root test,coinintegration test and Granger causality test on the datas about producer services and manufacturing in Fortune500from1995to2010. At last we establish a Error Correction Model to make a quantitative analysis on the relationship between producer services and manufacturing in a long and short run respectively. In the fourth part, we give political suggestions on the basis of national facts.