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Research On The Influence Of Market Segmentation On The Upgrading Of Regional Industrial Structure

Posted on:2019-04-16Degree:MasterType:Thesis
Country:ChinaCandidate:N LiFull Text:PDF
GTID:2439330548958653Subject:Industrial Economics
Abstract/Summary:PDF Full Text Request
A report at 19 th CPC National Congress was held on October 18,2017,General Secretary Xi Jinping mentioned that with the continuous deepening of structural reforms on the supply side,China's economic structure has been continuously optimized,and the economic growth rate has also been increasing year by year.According to the latest statistics released by the National Bureau of Statistics,China's total GDP reached 744.127 billion yuan in 2016,an increase of 6.7% compared to 2015,of which the output value of the primary industry was 3.3% higher than last year,and the economy of the second and third industries The growth rates are 6.1% and 7.8% respectively.It can be seen from the data that China's tertiary industry is playing a more and more important role in the growth of the national economy and its status is becoming more and more prominent.This is in line with the report of General Secretary Xi Jinping at the 19 th Congress.The emphasis on accelerating the development of modern service industry and supporting the traditional industry to optimize and upgrade is consistent.Although China's industrial structure as a whole is in a benign development trend,compared with developed countries,China's tertiary industry has not developed enough and is still at a relatively backward stage of development.In addition,since China implemented its policy of reform and opening up in 1978,China's overall economy has shown a prosperous scene,but the phenomenon of defensive local protectionism and market fragmentation from the transition from planned economy to market economy has gradually emerged.The segmentation of the commodity market has undermined the formation of a unified national market,leading to distortions in the prices of factor markets.This will seriously impede the exertion of economies of scale economies in various regions and the formation of comparative advantages,thus adversely affecting the transformation and upgrading of China's industrial structure..To this end,General Secretary Xi Jinping emphasized in the report of the 19 th Congress that it was necessary to break the administrative monopoly and market segmentation behavior,accelerate the process of marketization of factor prices,and then improve the socialist market economic system.In view of the problems existing in our country's industrial structure and the universality of local protectionism and commodity market segmentation behavior at all levels of local governments in China,this article is necessary to study and explore how the segmentation behavior of China's commodity markets will transform and upgrade the industrial structure of each province.What influence will it have and what kind of impact it will have,in order to better promote the marketization process of China's commodity and factor markets,promote the formation and development of China's unified market,and thus provide impetus for the advanced development of China's industrial structure in all regions.Conditions to achieve a reasonable and efficient evolution of the industrial structure.This article first summarizes and combs domestic and international research dynamics of the segmentation of commodity markets in China and the upgrading of regional industrial structure,and then elaborates on the concepts and characteristics of the two,and related theoretical content and three mechanisms of action.On this basis,A concrete analysis was made of the method for measuring the market segmentation and upgrading of the regional industrial structure and the development status,and then empirical data of national and sub-regional samples of 29 provinces in China from 2005 to 2014 were used,including the explanatory variables.The degree of industrial structure upgrade adopts fixed and random effects test of static panels with two kinds of measurement indexes,robustness test of dynamic panel system GMM and differential GMM,and mediating effect,etc.,and uses a variety of empirical methods from various perspectives to our products.The relationship between the market segmentation and the transformation and upgrading of the industrial structure in the region has been thoroughly analyzed and discussed.The results of the study show that:(1)The market segmentation indices of Beijing,Shanghai,Tianjin,and Chongqing,which are the four municipalities directly under the Central Government,are higher than those of other provinces,and the volatility is more obvious.The overall market segmentation of 29 provinces in China from 2005 to 2014 The development trend is stable,and the development trend of commodity market segmentation in the East,Central and West regions is basically the same as that in the country.The market segmentation degree is declining year by year,and China's commodity market as a whole is gradually becoming integrated and integrated;(2)The volatility of the industrial structure upgrade index of various provinces in China during 2005-2014 remained basically the same,with little difference,and the industrial upgrading index of the five regions Beijing,Shanghai,Guangdong,Tianjin and Chongqing was higher than other provinces.In addition to the leading position,in addition,the degree of upgrading of industrial structure in the eastern part of China is significantly higher than that of the central and western regions,while that of the western region is slightly higher than that of the central region,and there are obvious regional differences in the degree of upgrading of industrial structure.Overall tends to healthy development;(3)from 29 provinces in 2005-2014 in China According to the regression results of the static panel model of the sample data of the country,the market segmentation behavior caused by local protectionism has a significant inhibitory effect on the transformation and upgrading of the regional industrial structure,and the regional economic growth and the deepening of the economic opening degree of the control variables can all be significant.Promote the transformation and upgrading of the regional industrial structure;and in the regression results of the sub-region sample,the segmentation of the commodity market has hindered the upgrading of the regional industrial structure.The economic growth of the controlled variable region,the deepening of the economic openness,and the improvement of the human capital level The impact of the urbanization process on the upgrading of regional industrial structure all has obvious regional differences;(4)From the empirical results of dynamic panel and mediating effects on national sample data,the dynamic panel model is robust.In addition,the upgrade of the industrial structure of the explanatory variable has a significant first-order lag effect.The market segmentation of the core explanatory variable in both the system GMM and differential GMM test methods significantly hampers the transformation and upgrading of the regional industrial structure.Variables are also dynamic faces of mediator variables The results of the regression of the mediating effect and the mediating effect are consistent with the contents of the three paths of action of the fragmentation of the commodity market in China to the upgrading of the regional industrial structure.This further validates the correctness of the three-fold hypothesis of the division of the commodity market in China on the upgrading of the regional industrial structure.Finally,the conclusions drawn from the research in this article will be promoted from the aspects of improving laws and regulations,continuing to promote market integration reforms,increasing efforts to open up to the outside world,correcting factor market price distortions,enhancing regional independent innovation capabilities,and strengthening regional coordinated development strategies.China's commodity market integration and transformation and upgrading of regional industrial structure put forward relevant policy recommendations.
Keywords/Search Tags:Commodity market segmentation, Industrial structural upgrade, Factor Price distortion effect, Market economies of scale effect, Science and technology innovation effect
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