| Under the background of domestic industrial restructuring,manufacturing optimization and upgrading,and international manufacturing service has become a global trend,"Manufacturing 2025" points out that China's economy has entered a new normal,and we must vigorously develop advanced manufacturing and transform and upgrade traditional industries,promote the transformation of production-oriented manufacturing to service-oriented manufacturing,and take the development path of improving quality and efficiency.Therefore,this paper intends to take the manufacturing servitization as the research object.Based on the analysis of the status quo of manufacturing industry,combined with the research results at home and abroad,this paper focuses on the effect and mechanism of manufacturing service on the total factor productivity of China's manufacturing industry.It is of great significance to search the effective means of improving the total factor productivity of the manufacturing industry and realize the transformation of China from a manufacturing power to a manufacturing power.Based on the existing literature,this paper firstly uses the input-output method and the DEA-Malmquist productivity index method to respectively measure and analyze the service level and total factor productivity of China's manufacturing industry.Then it discusses the relationship between manufacturing service and total factor productivity by combining the theory of detourism,the theory of specialized division of labor and the theory of innovation.On this basis,it sums up the influence of manufacturing service,especially from cost effect and technological innovation effect.Analyze the mechanism from two angles and propose the corresponding research hypothesis.Then use the 2002-2014 World Input-Output Database(WIOD database)input-output data and industrylevel industry data,select the complete consumption coefficient and total factor productivity measured by the current situation analysis,the degree of openness of manufacturing trade,The empirical analysis of variables such as ownership structure,human capital level and capital intensity,and the decomposition of total factor productivity into technological progress and technical efficiency,further examine the impact of manufacturing serviceization on the two.Subsequently,the two variables of ratio of profits to cost and expense and innovation index were selected to test the mediation effect to verify the two ways of manufacturing service affected on total factor productivity.In addition,this paper also carries out the test of robustness through the substitution of manufacturing service indicators and the heterogeneity test according to the different service elements,improving the reliability of the conclusions of the article.Finally,the conclusions are summarized based on the status quo and empirical analysis,and corresponding recommendations are made from the government and enterprise levels.The empirical results show that:(1)Manufacturing serviceization has a U-shaped relationship with the total factor productivity of China's manufacturing industry.(2)Manufacturing serviceization has an impact on the total factor productivity of manufacturing industry through the two methods of cost effect and technological innovation effect.Early manufacturing companies faced various situations such as unclear understanding of service and imperfect mechanisms,which led to rising costs.With the continuous improvement of the service level,the company has achieved internal and external economies of scale through specialized division of labor,increased the costbenefit ratio of enterprises,and further improved the efficiency of enterprises.At the same time,the technological innovation effect also plays a role in suppressing and promoting the total factor productivity with the improvement of the service level of the manufacturing industry.(3)The promotion effect of serviceization is heterogeneous.The specific performance is that serviceization has a greater impact on capital-intensive and technology-intensive manufacturing than labor-intensive manufacturing.Moreover,the capital-intensive manufacturing service has a U-shaped relationship with total factor productivity,while the technology-intensive manufacturing service and total factor productivity have an inverted U-shaped relationship.The research in this paper clarifies the effect of manufacturing servitization on China's total factor productivity and its ways,enriching and expanding the application of specialized division of labor theory and innovation theory in the field of manufacturing service,and helping governments and enterprises to adopt policy measures promote transformation and upgrading. |
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