Government Intervention And Regional Distribution Of The High-tech Industry

The marketization mechanism and regional government intervention have had an important influence on the inter-regional trade unions in China's industries.Since the absolute gap between regional economic development in China is very obvious,it is necessary to formulate differentiated industrial policies that are in line with the development stage of local factor endowments,to achieve a rational division of industry among regions,and to strengthen the coordination and cooperation of industries across regions.Local governments often refer to the central government's industrial policies to guide the development of local industries and cause the division of labor among the regions.This article draws on the matching theory and discusses the impact of government intervention on the benefits of high-tech industries in different industries and sub-regions,and seeks a rational division of labor model for regional industries.The conclusions of this paper can be summarized as follows:(1)High-tech industries maintain the trend of agglomeration.High-tech industries in the eastern region account for a relatively high proportion of revenues and specialization advantages.The technical complexity of most high-tech industries in other regions is lower than that of the eastern region.Low degree of specialization.(2)The funding support for investing and research in the eastern region is far lower than that in other regions.However,the intensity of R&D investment in the eastern region is the highest.Encouraging private capital to enter the high-tech industry will help improve the overall technical complexity of the industry.(3)Improvement of regional infrastructure,increase of fixed capital investment in industry,and control of R&D investment intensity can have a positive impact on the benefits of high-tech industries in the region,(4)Because of the large differences in technical complexity between industries,the regional talents have their own strengths,and government interventions have played a heterogeneous role in different industries and regions.Government interventions have a negative effect in areas with poor endowments and positive effects in areas with better endowments.In the relatively backward areas of high-tech industries,there are problems relying on government subsidies,production processes and production capacity are not matched;in high-tech industries,R&D activities in developed regions mainly rely on self-financing,and government-supported industrial R&D activities are conducive to industrial upgrading.The innovations of this paper are:(1)When studying the benefits of high-tech industries in different regions,the model borrows the matching theory of the skills-industry technical complexity that links the labor force,and conducts model deductions on the intervention behaviors of different regional governments.(2)Analyze the actual technical complexity of the five high-tech industries,identify the development stages of high-tech industry clusters,and facilitate the selection of high-tech industries that meet regional heterogeneity in different regions.(3)According to the difference of regional capacity,to observe the impact of government interventions in different regions on the benefits of high-tech industrial clusters.This paper discusses government intervention behaviors on high technology through panel data fixed-effect model,system GMM model and Hansen threshold model.The impact of industrial benefits provides reasonable policies for the division of labor among regions.