Research Between Industrial Structure Upgrading And System Growth In Resource-based Countries

Since the middle of 20 th century,there were the failure of economic development in natural resource rich countries in Africa and Latin America.Only considering the upgrading of industrial structure from the perspective of market transactions,it is not fully applicable in some countries that are hard to get rid of the curse of resources because of low efficiency of institutional evolution.Starting the limitations of the endogenous and general equilibrium of the system,this paper will exam how resource-based countries achieve the upgrading of industrial structure one more time,which bases on the panel data of 28 sample countries in 2014-2018 and uses the semi parametric additive model.Firstly,sorting out the previous scholars' theoretical research on industrial structure upgrading,industrialization and economic growth convergence,the paper defines the concepts that concludes system and institutional growth and so on,which was from the contents of new industrial organization theory and institutional economics and new economic sociology.Secondly,the paper analyzes the economic and institutional constraints faced by the upgrading of industrial structure of resource-based countries in reality.From the perspective of five types of pro and con connections between the resource sector and non resource sector,the paper discussed the problem that is the resource curse problem of the failure of economic diversification policies caused by the development of mining industry,which bases on the analysis of the characteristics and institutional framework of the mining industry.Thirdly,the paper explores the path of industrial structure upgrading and institutional growth with the development dilemma of the implied institutional constraints of resource-based countries.In addition,set up the analysis framework and mathematical model of resource-based countries' economic and social development,the essay has analyzed the particularity of resource-based developed countries and resource-based developing countries in international trade and institutional supply and demand,and has summarized the successful experience of resource-based countries with different development epochs through the development cases both of Norway's and Chile's mining industry.Finally,using business environment index(DTF)that represents the transaction costs of market entities,and global governance index(WGI)that represents the efficiency of government and social governance,the essay has analyzed the effect of institutional growth to the industrial structure upgrading(IU)with the semi parametric additive model in the resource-based countries.The main conclusions are as follows:(1)It is special that is the upgrading of industrial structure of resource-based countries.(2)The dynamic nature of the concept of institutional growth is rooted in endogenous institutions,which determines that its growth process follows the spiral path of development.(3)Based on the main direction of the new structural economics' industrial structure upgrading,The development path of resource-based countries is related to the system elements.(4)The empirical conclusion confirmed the theoretical assumption is proved,but there are slightly different in influence direction and degree of the indexes because of the short-term reform cost.There are suggestions in the essay put forward:(1)According to its comparative advantages and development process and the particularity of mining industry,the government should build a reasonable industrial policies and public investment framework,do well in the business environment,and increase public infrastructure investment.(2)It is the key of national resource companies' transformation that is reducing non-commercial functions such as national resource revenue management and supervision and coordinating the relationship with the government.multinational companies should take correlation and agglomeration effect with their own advantages to solve social issues;small and medium-sized enterprises should adopt the third-party governance structure to reduce transaction costs through the technology spillover effect.(3)Reducing negative impact of mining industry to grow importance of the communication and coordination functions between community organizations and market actors,resource-based countries should give play to the leading role of industrial organizations,which includes the cost of finding enterprise information,formulating and implementing various standards,supervising market transactions,and actively participating in international organizations to benefit from Member States treatment.