A Study of the Impact of Innovation on Industrial Upgrading in China: A Spatial Econometric Analysis Based on China’s Provincial Panel Data

Author(s):  
Jiao Jiang ◽  
Xindong Zhao ◽  
◽  

This study provides an in-depth analysis of the impact of innovation on industrial upgrading from theoretical and practical perspectives. In terms of theory, based on the endogenous growth theory model, a multi-sectoral growth model is constructed to portray the inherent logical connection between innovation and industrial structure upgrading. The results show that innovation has an important impact on industrial structure upgrading. Industrial structure upgrading depends on differences in innovation level among industries and the substitution relationship of finished products in the industry. From an empirical perspective, based on the panel data of 31 provinces in China from 2005 to 2017, the spatial effect of innovation on industrial upgrading was analyzed using the spatial Durbin model. The results show that innovation and industrial structure upgrading has significant spatial correlation effects, and regional innovation can drive China’s industrial upgrading. Meanwhile, the space spillover effect is an important factor that cannot be ignored in industrial upgrading.

2021 ◽  
Vol 13 (7) ◽  
pp. 3855
Author(s):  
Hui Zheng ◽  
Xiaodong Liu ◽  
Yajun Xu ◽  
Hairong Mu

As a vital element affecting economic efficiency, the impact of marine industrial structure upgrading on marine economy has become a hot topic, and China is not an exception. This paper analyzed the dynamic relationship of marine industrial structure upgrading and marine economy efficiency to verity the “structural bonus” and “cost disease” effects. The results confirmed the existence of cost disease in China’s marine economy, although occasionally it illustrated structural bonus effects with the improvement of the regional marine economy efficiency. The spatial Durbin model (SDM) was introduced to study the spillover effect of local marine industrial structure upgrading (MISU) on the adjacent regions’ marine economy efficiency, and this spillover effect was verified to have agglomerate characteristics in China’s coastal areas. Then several countermeasures were proposed to realize marine ecological civilization and promote regional cooperation in the development of China’s marine economy.


2017 ◽  
Vol 26 (3) ◽  
pp. 57-72
Author(s):  
Rahim KIA LASHAKI ◽  
Elsadig Musa AHMED

This paper inspects the influence of Foreign Direct Investment (FDI) inflows onthe catching up process developed by labour, physical capital, human capital, absorptivecapacity, telecommunications investment, and export channel on Asia Pacific's sustainableproductivity growth. A panel data from the period of 1970 to 2012 was used. The modifiedextensive growth theory model that is based on output approach was applied. Bothgrowth accounting and econometric approaches were considered to estimating theparameters of variables in first step and in the second step productivity indicators werecalculated. The results show that the FDI inflows and inputs used are input driven thatwas generally more predominant than total factor productivity (TFP) growth. Meanwhile,The GDP grew significantly during the periods of the study by development of humancapital, export, and telecommunications investment (input driven) variables, whichsupported by FDI inflows. Accordingly, the impact of export channel on the TFP growthfound to be positive with insignificant contribution in most the group selected countries.


2021 ◽  
Vol 275 ◽  
pp. 02023
Author(s):  
Jing Zheng

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.


2021 ◽  
Vol 251 ◽  
pp. 01101
Author(s):  
Yiqian Tan ◽  
Fan Jiang

In recent years, China’s economic growth speed has been slowing down, leading to the problems of overcapacity and unbalanced regional economic development, and the mismatch between industrial and financial structure is becoming intense. This paper, starting with the relationship among economic growth, industrial structure and financial structure, summarizes the research by the former scholars. On this basis, by using data of 31 provincial panel data in China from 2007 to 2016, the article aims to find out the relationship between the industrial structure and economic growth, the relationship between the financial structure and economic growth and the relationship between the interaction of financial and industrial structure and economic growth. Finally, the conclusions of this paper are obtained that the interaction between the financial structure and the industrial structure can promote the economic growth significantly. However, the matching effect of the financial structure and industrial structure in China has not been completely formed, and the industrial upgrading should be guided to be structurally reformed through the policy.


2020 ◽  
Vol 214 ◽  
pp. 02053
Author(s):  
Chun Chen ◽  
Hong Yuan ◽  
Weiyan Lin ◽  
Qing Xia

In the construction plan of China (Hubei) pilot free trade zone issued by China (Hubei) pilot free trade zone in 2018, it is pointed out that industrial transfer should be orderly undertaken, which undoubtedly provides a strong institutional guarantee for Hubei to undertake industrial transfer. This paper analyzes the mechanism of industrial transfer on industrial structure upgrading: capital accumulation mechanism, technology progress mechanism, industry aggregation mechanism. At the same time through empirical analysis it is concluded that: build the double logarithm model of Hubei province to undertake industry shift after the provincial labor resources, science and technology innovation ability, industrial concentration degree of ascension for the upgrading of industrial structure in Hubei province has a certain role in promoting, especially the size of the capital and the increase of the number of high-tech talent to upgrade the industrial structure to promote the most significant effect. Therefore, the government should intensify efforts to introduce domestic and foreign capital, cultivate and attract more high-tech talents, focus on improving the quality of workers, expand the scale of industrial agglomeration within the province, and enhance the ability of scientific and technological innovation.


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