Research On The Impact Of Service Trade On The Green Development Of Industrial Economy

With China’s economic development entering the new normal,the economic development model has changed from extensive growth of scale and speed to intensive growth of quality and efficiency.The Chinese government has put forward five new development concepts of "innovation,coordination,green,openness and sharing".Under this background,China’s industrial structure is in the stage of continuous optimization and deepening.The industrial economy occupies an important position in the national economy,and the development of industrial economy is also directly related to the speed and level of China’s economic development,The green development of industrial economy has become an urgent need for China and other countries to meet the challenges of resources and environment and to realize the sustainable development of economy and society in an all-round way.With the continuous improvement of the status of service industry in the national economy,the development speed of service trade is faster and faster.Studying the impact of service trade on the green development of China’s industrial economy is of great significance to clarify the future development direction of service trade and improve the quality of industrial economic development,which is a content worthy of in-depth research.Firstly,based on a large number of references,this thesis combs the theoretical basis of service trade and green development of industrial economy,and finds out the influence mechanism between service trade and green development of industrial economy;Secondly,it describes the current situation of green development of service trade and industrial economy,and analyzes the problems existing in the development;Then,this thesis selects the industrial green total factor productivity as the index to measure the green development of industrial economy,studies it from the industry level,uses the ML index method based on SBM directional distance function to calculate the green total factor productivity of China’s industrial sub-industries from 2004 to 2019,and analyzes and discusses the results;Finally,it builds the corresponding model and makes an empirical study on the impact between service trade and green development of industrial economy through Stata software.The empirical results show that:(1)service trade has significantly improved China’s industrial green total factor productivity and China’s industrial green technology efficiency.The results have passed the robustness test,indicating that service trade can promote the green development of China’s industrial economy.(2)The mechanism test results of intermediary effect show that the promotion effect of service trade on the green development of industrial economy comes from the indirect impact of R & D investment,and this intermediary effect accounts for nearly 1/2,which can explain that service trade has a positive impact on the green development of China’s industrial economy through R & D investment.(3)The result of heterogeneity test shows that the positive effect of service trade on the green development of industrial economy is more obvious in high-tech industries and high pollution industries;In addition,the trade in science and technology services can significantly improve the green total factor productivity of industry and promote the green development of industrial economy.The trade in finance and science and technology services can significantly promote the efficiency of industrial green technology,but their promotion effects are different.Based on these conclusions,this paper puts forward reasonable countermeasures and suggestions.