The Effect of Technological Innovation and Market Size on Manufacturing Structure: Evidence from the World’s Largest Tobacco Producer and Seller

2021 ◽  
Vol 7 (5) ◽  
pp. 2422-2444
Author(s):  
Song Teng ◽  
Liu Yuxin
Keyword(s):  
Technological Innovation ◽  
Manufacturing Industry ◽  
Tobacco Industry ◽  
Industrial Structure ◽  
Rapid Development ◽  
Market Size ◽  
Chinese Government ◽  
Explanatory Variables ◽  
Industrial Sectors ◽  
The Impact

Objectives: As the world’s largest tobacco producer and seller, China’s rapid development of the tobacco industry is inextricably linked to the promotion and support of the manufacturing industry. The optimization and adjustment of the manufacturing structure (MS) is critical in determining the competitiveness of the manufacturing industry. This study examines the impact of technological innovation and market size on MS optimization in China using provincial data from 2001 to 2016. We obtain the following main results. First, market size and technological innovation are important drivers in optimizing MS. Technological innovation increases productivity and results in the redistribution of production factors across industrial sectors, altering the industrial structure. The market size facilitates labor division, which boosts productivity. Second, institutional innovation is critical for optimizing MS. It strengthens the impact of technological innovation and market size on MS rationalization. Furthermore, the study’s findings are robust to a variety of estimation techniques, several alternative proxies for core explanatory variables, and a long list of control variables. An important implication of the study’s findings is that the Chinese government should implement effective institutional reforms to accelerate China’s manufacturing industry’s development. China’s tobacco industry, in particular, will achieve higher quality development based on the transformation and upgrading of the overall manufacturing industry.

scholarly journals Analysis of the Upgrading Effect of the Industrial Structure of Environmental Regulation: Evidence From 113 Cities in China

2021 ◽  
Vol 9 ◽  
Author(s):  
Wei Shao ◽  
Yufei Yin ◽  
Xiao Bai ◽  
Farhad Taghizadeh-Hesary
Keyword(s):  
Environmental Regulation ◽  
Technological Innovation ◽  
Industrial Structure ◽  
Threshold Effect ◽  
Sustainable Growth ◽  
Chinese Government ◽  
Eastern Region ◽  
Substantial Impact ◽  
The Impact ◽  
Industrial Structure Upgrading

At present, China’s economy is in a crucial period of economic structural transformation. To alleviate the downward pressure on the economy and explore sustainable growth paths, the Chinese government has issued several environmental regulations. However, the impact of environmental regulation on industrial structure upgrading has not been carefully examined yet. This study utilizes the Pollution Information Transparency Index (PITI) to measure environmental regulation (ER) and examines the impact of ER on industrial structure upgrading (ISU). The sample cities are divided into 36 resource-based cities (RBCs) and 77 non–resource-based cities (NRBCs). The panel data containing 113 cities during 2008–2017 are used in this study. The empirical results show that ER has a significant impact on ISU of RBCs and NRBCs, and robust tests proved the reliability of this result. Analysis of heterogeneity shows ER has a more substantial role in promoting ISU in RBCs and the eastern region. Meanwhile, inside RBCs, ER has a more substantial impact on ISU in growth-RBCs than on that in other RBCs. The mechanism test shows that the mediation effect of technological innovation in RBCs and NRBCs is significant. At last, the impact of ER on ISU has a double-threshold effect in RBCs and a single-threshold effect in NRBCs. With the technological innovation progress, ER produces an increasing effect on ISU of RBCs and NRBCs.

scholarly journals How Does Environmental Regulation Affect the Relationship between FDI and Technological Innovation: From the Perspective of Technology Transactions

Processes ◽  
2021 ◽  
Vol 9 (8) ◽  
pp. 1264
Author(s):  
Meng Zeng ◽  
Lihang Liu ◽  
Fangyi Zhou ◽  
Yigui Xiao
Keyword(s):  
Environmental Regulation ◽  
Technological Innovation ◽  
Pollutant Emissions ◽  
Regulatory Effect ◽  
Host Countries ◽  
Regional Heterogeneity ◽  
Industrial Sectors ◽  
Reduction Effect ◽  
The Impact ◽  
The Relationship

Many studies have found that FDI can reduce the pollutant emissions of host countries. At the same time, the intensity of environmental regulation would affect the emission reduction effect of FDI in the host country. This study aims to reveal the internal mechanisms of this effect. Specifically, this paper studies the impact of FDI on technological innovation in China’s industrial sectors from the perspective of technology transactions from 2001 to 2019, and then analyzes whether the intensity of environmental regulation can promote the relationship. Results indicate that FDI promotes technological innovation through technology transactions. In addition, it finds that the intensity of environmental regulation significantly positively moderates the relationship between FDI and technological innovation, which is achieved by positively moderating the FDI–technology transaction relationship. Regional heterogeneity analysis is further conducted, and results show that in the eastern and western regions of China, FDI can stimulate technological innovation within regional industrial sectors through technology trading. Moreover, environmental regulation has a significant positive regulatory effect on the above relationship, but these effects are not supported by evidence in the central region of China.

scholarly journals An empirical analysis of the impact of technological innovation on China’s total employment

2021 ◽  
Vol 235 ◽  
pp. 02042
Author(s):  
Peihua Li
Keyword(s):  
Growth Rate ◽  
Technological Innovation ◽  
Industrial Structure ◽  
Impulse Response Function ◽  
Destructive Effect ◽  
Total Employment ◽  
Promotion Effect ◽  
Leading Role ◽  
Long Run ◽  
The Impact

Technological innovation represented by artificial intelligence and 5G networks has developed rapidly, since the reform and opening up, especially in recent years. Technological innovation promotes the upgrading of industrial structure, promotes the increase of employment in emerging industries, at the same time, eliminate the workers in backward industries, which will have an impact on overall employment. Therefore, this paper studies the impact of technological innovation on the total employment of China from an empirical perspective. Total Factor Productivity (TFP) and TFP growth rate calculated by the Solow residual method are used as indicators of the level of technological innovation, and the long-term cointegration regression model and short-term impulse response function are established with the number of employees and employment growth rate as the dependent variables, respectively. The study found that, the impact of technological innovation on employment levels has a stable promotion effect in the long run; in the short run, there is a destructive effect at first, but as time goes by, this destructive mechanism gradually occupies the peak, and the creative mechanism begins to take effect. The leading role, technological innovation has a steady promotion effect on employment.

scholarly journals The Influence of the Development of Digital Economy on the Upgrading of China’s Industrial Structure

2021 ◽  
Vol 235 ◽  
pp. 03062
Author(s):  
Yaling Li
Keyword(s):  
National Economy ◽  
Economic Model ◽  
Industrial Structure ◽  
Rapid Development ◽  
Digital Economy ◽  
The Internet ◽  
Profound Impact ◽  
Internet Development ◽  
The Impact

Nowadays, with the rapid development of the Internet, all walks of life are closely connected with the development of the Internet. Differences in the degree of integration between different industries and the Internet make the leading industries of the national economy constantly change, thus promoting the transformation and upgrading of the industrial structure. The impact of Internet development on the upgrading of industrial structure is not only that the interconnected technologies and platforms change the traditional economic model, but also that the integration of Internet and industry has a profound impact on the industrial structure.

scholarly journals Has “the Belt and Road initiative” Improved the Pollution Level?

2021 ◽  
Vol 275 ◽  
pp. 02023
Author(s):  
Jing Zheng
Keyword(s):  
Panel Data ◽  
Technological Innovation ◽  
Foreign Investment ◽  
Industrial Structure ◽  
Pollution Level ◽  
Belt And Road Initiative ◽  
Waste Gas ◽  
Belt And Road ◽  
The Impact ◽  
The Belt And Road

Based on the panel data of 278 prefecture-level cities in China from 2008 to 2018, this paper adopts DID method to verify the impact of “the Belt and Road initiative” on pollution level of these cities, the results are still robust through the placebo test and PSM-DID, the mechanism is also analyzed. The study found that “the Belt and Road initiative” has a significant effect on the emission of wastewater, waste gas and dust of cities in China; the mechanism test shows that “the Belt and Road initiative” has significantly reduced urban environmental pollution by promoting foreign investment, upgrading industrial structure and technological innovation.

scholarly journals The Impact of Outward FDI on the Upgrading of China’s Manufacturing Industry Structure: A Literature Review

2017 ◽  
Vol 9 (6) ◽  
pp. 154 ◽  
Author(s):  
Shuyuan Jiang ◽  
Dan Cheng
Keyword(s):  
Direct Investment ◽  
Manufacturing Industry ◽  
Industrial Structure ◽  
Home Country ◽  
Industry Structure ◽  
Outward Foreign Direct Investment ◽  
Outward Fdi ◽  
Pillar Industry ◽  
The Impact ◽  
The Relationship

Since China put forward the strategy of “going out”, outward foreign direct investment (FDI) began to grow rapidly, and the manufacturing industry, as the pillar industry of our country, is facing the dilemma of transformation. This paper will focus on this topic of the relationship between the outward FDI and upgrading of China’s manufacturing industry structure, and sort out and summarize the domestic and foreign literature. It is concluded that the existing literatures are consistent: the outward FDI can promote the upgrading of industrial structure of home country. In terms of China’s manufacturing industry, the outward FDI can promote the upgrading of China’s manufacturing industry, however, the impact have a kind of hysteresis quality, and may produce the phenomenon of “industry hollowing out”.

scholarly journals Environmental regulations, capacity utilization, and high-quality development of manufacturing: an analysis based on Chinese provincial panel data

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Hongyang Wang ◽  
Baizhou Li
Keyword(s):  
Environmental Regulation ◽  
Manufacturing Industry ◽  
Negative Impact ◽  
Environmental Regulations ◽  
Rapid Development ◽  
Capacity Utilization ◽  
Utilization Rate ◽  
Quality Development ◽  
High Quality ◽  
The Impact

AbstractThe high-quality development of the manufacturing industry is an important strategic task for Chinese economic development. The rapid development of the manufacturing industry is also accompanied by problems such as overcapacity and environmental pollution. This paper analyzes the impact of capacity utilization on the high-quality development of manufacturing and establishes a nonlinear threshold regression model on this basis, and studies and analyzes environmental regulations as a threshold variable under the influence of capacity utilization rate on the high-quality development of the manufacturing industry. The research results show that: capacity utilization, profitability, foreign direct investment, and government participation all have a significant positive impact on the high-quality development of the manufacturing industry; environmental regulations have a significant negative impact on the high-quality development of the manufacturing industry. And in the model of the effect of capacity utilization on the high-quality development of the manufacturing industry, environmental regulation has a single threshold effect. With the increase in the intensity of environmental regulation, the coefficient and significance of the effect of capacity utilization on the high-quality development of the manufacturing industry have changed. Finally, this article puts forward corresponding policies and suggestions based on the results of data analysis.

scholarly journals Does Low-Carbon City Pilot Policy Alleviate Urban Haze Pollution? Empirical Evidence from a Quasi-Natural Experiment in China

2021 ◽  
Vol 18 (21) ◽  
pp. 11287
Author(s):  
Jinling Yan ◽  
Junfeng Zhao ◽  
Xiaodong Yang ◽  
Xufeng Su ◽  
Hailing Wang ◽  
...  
Keyword(s):  
Energy Consumption ◽  
Technological Innovation ◽  
Industrial Structure ◽  
Pollution Prevention ◽  
Empirical Support ◽  
Low Carbon ◽  
Haze Pollution ◽  
Starting Point ◽  
Low Carbon City ◽  
The Impact

As a comprehensive environmental regulation, the low-carbon city pilot policy (LCCP) may have an impact on haze pollution. The evaluation of the effectiveness of LCCP on haze pollution is greatly significant for air pollution prevention and control. Taking LCCP as the starting point, in this study we constructed DID, PSM-DID, and intermediary effect models to empirically test the impact and mechanism of LCCP on haze pollution, based on the panel data of 271 cities in China from 2005 to 2018. The findings show that (1) LCCP has significantly reduced the urban haze pollution, and the average annual concentration of PM2.5 in pilot cities decreased by 14.29%. (2) LCCP can inhibit haze pollution by promoting technological innovation, upgrading the industrial structure, and reducing energy consumption. Among these impacts, the effect of technological innovation is the strongest, followed by industrial structure, and energy consumption. (3) LCCP has significantly curbed the haze pollution of non-resource dependent cities, Eastern cities, and large cities, but exerted little impact on resource-dependent cities, Central and Western regions, and small and medium-sized cities. (4) LCCP has a spatial spillover effect. It can inhibit the haze pollution of adjacent cities through demonstration and warning effects. This study enriches the relevant research on LCCP and provides empirical support and policy enlightenment for pollution reduction.

scholarly journals Impact of Chinese Government Subsidies on Enterprise Innovation: Based on a Three-Dimensional Perspective

2021 ◽  
Vol 13 (3) ◽  
pp. 1288
Author(s):  
Lili Jia ◽  
Eunyoung Nam ◽  
Dongphil Chun
Keyword(s):  
Technological Innovation ◽  
Technology Innovation ◽  
Institutional Environment ◽  
Market Competition ◽  
Academic Community ◽  
Least Square ◽  
Chinese Government ◽  
Government Subsidies ◽  
The Government ◽  
The Impact

Government subsidies are an important means to guide enterprises’ investment in technological innovation. While countries are increasing government subsidies to enterprises, how to effectively leverage government subsidies is a concern of the academic community. At present, scholars’ research conclusions on the impact of government subsidies on enterprise technological innovation include promotion effect, extrusion effect, and mixing effect. Relevant research is often conducted from a single perspective. This paper studies the relationship between government subsidies and enterprise technological innovation, and integrates the macro-institutional environment, meso-market structure, and micro-corporate governance into the same framework. Taking information transmission, software, and information technology service companies as samples, it analyzes the influencing factors of the Chinese government research and development (R&D) subsidies on enterprises’ innovation investment. This paper uses Stata16 software to perform the least square analysis. The research shows that the Chinese government R&D subsidies have a significant incentive effect on corporate technology innovation investment. The higher the marketization process, the more dispersed its equity, and the government subsidy promotes corporate technology innovation investment. The more significant it is; for industries with different product market competition, government subsidies have no significant impact on enterprises’ investment in technological innovation. Based on empirical research conclusions, this study puts forward policy recommendations to increase the intensity of government subsidies and optimize the structure of corporate equity to increase the leverage effect of government subsidies.

scholarly journals Environmental Regulation Intensity, Carbon Footprint and Green Total Factor Productivity of Manufacturing Industries

2022 ◽  
Vol 19 (1) ◽  
pp. 553
Author(s):  
Lei Wang ◽  
Yu Yan
Keyword(s):  
Environmental Regulation ◽  
Total Factor Productivity ◽  
Carbon Footprint ◽  
Manufacturing Industry ◽  
Economic Benefits ◽  
Manufacturing Industries ◽  
Green Economy ◽  
Chinese Government ◽  
Factor Productivity ◽  
The Impact

In terms of the development of the manufacturing industry, the Chinese government has carried out environmental regulations and set up production standards for related industries. This is an environmentally-friendly and economic action, which is also in line with the requirements of building a green economy for China. Meanwhile, whether from the micro regulatory measures or the macro government policies, carbon emission is an inevitable problem in the study of environmental problems. This paper will explore the impact of environmental regulation on the green economy based on carbon emissions and study the optimal environment regulation intensity that relates to a direct carbon footprint under the maximum green economic benefits. A SBM-MALMQUIST model is established to measure the green total factor productivity according to 27 Chinese manufacturing industries through the MAXDEA software. It is found that the intensity of environmental regulation has a significant impact on green total factor productivity, and direct carbon footprint also exhibits a partial intermediary effect, participating in the mechanism that affects green total factor productivity. Combined with the industrial characteristics and the above research results, this paper puts forward the adjustment strategy of reasonable environmental regulation for the manufacturing industry, which conforms to the national policy guidance, and will be beneficial in promoting the economic development of the green manufacturing industry.

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