Research On The Evolution Of Industrial Structure Under The Division Of Labor In Global Value Chains

The current trend of economic globalization has been inevitable,and the pattern of global economic integration has become more and more clear.The division of labor in transnational industries that are responsible for different links in the industrial chain has led to more and more trade products forming global value chains,and value-added trade has become inter-country trade.Focus of attention.The rapid development of the trade in intermediate goods has made its proportion in international trade higher and higher.On the contrary,the proportion of final products is getting lower and lower.After the financial crisis in 2008,the global economy generally entered the stage of structural adjustment,and major countries in the world(especially China)faced tremendous pressure from industrial upgrading and economic growth.In the new industrialization development process under the background of global value chain division,transnational input and output has become an important driving factor for the evolution of industrial structure,forming a new structural change characteristics and the relationship between industrial structure and economic growth.Early development economists,especially Chenery et al.studied the characteristics of structural change,the influencing factors,and the relationship between structural change and economic growth.From the perspective of the input of intermediate products,Chenery has formed an input-output analysis framework for studying structural changes and economic growth based on the country's input and output accounts and multi-sector analysis results.However,the investment in intermediate products during the analysis period of the company was mainly domestic intermediate product input,and the intermediate investment between countries was still relatively small,and the impact was not important.Therefore,Chenery is analyzing the impact of the input of intermediate products on the proportion of the manufacturing sector in the framework of the domestic input-output table.In the context of economic globalization and the division of labor in global value chains,inter-country intermediate product flows have become an important factor affecting the changes in industrial structure and the relationship between industrial structure changes and economic growth,and the industrial development that Cheneryi derived under that analytical framework.The theory of the stage may require further re-recognition.Based on the new characteristics of multinational industry division of labor under the global value chain division,this paper constructs a new transnational input-output analysis framework based on the ideas of the input and output analysis model of Chennai,and studies the characteristics of industrial structure changes and the factors of economic growth..The first is to build a multi-sectoral model of the three countries in the global input-output table and analyze it based on this.Then,the longitudinal decomposition and the horizontal decomposition of the added value are respectively performed according to the backward association and the forward association.The total output is then decomposed and multiplied by the rate of increase to obtain the effect of different final requirements on the added value.Finally,the structural value of the added value is decomposed to obtain the equation of structural decomposition,and the influence of different factors on structural changes and economic growth is explored.On this basis,according to the World Input-Output Table of WIOD in 44 countries and 56 industries from 2000 to 2014,the application of comparative static and dynamic analysis is combined to study and measure the use and investment of added value in various industries in China.The added value of the final output of the industry is different,and the use of added value in the domestic industry is less,indicating that China is still dominated by processing trade.At the same time,the value-added table between China and the United States is used to analyze the value added by the final demand.The proportion of China's service industry's added value is driven by the final demand of the US service industry,while the growth of the value-added of the US service industry is driven by the final demand of China's manufacturing industry,and finally the decomposition of the drivers of growth and structural changes.It can be seen that although China's economic growth is mainly driven by internal factors,for the manufacturing industry,external factors contribute more to its transformation and upgrading.In terms of time,the accession to the WTO and the global financial crisis have had a great impact on the growth and export of various industries in China.Before and after the two events,China's growth rate has experienced a serious decline,and the status of the global value chain has also declined.