CHINA’S INDUSTRIAL STRUCTURE UPGRADE IN THE “NEW NORMAL”: EMPIRICAL TEST AND DETERMINANTS-Reference-Cited by-同舟云学术

CHINA’S INDUSTRIAL STRUCTURE UPGRADE IN THE “NEW NORMAL”: EMPIRICAL TEST AND DETERMINANTS

Published:2018-09 Issue:04 Volume:63 Page:1037-1058
ISSN:0217-5908
Container-title:The Singapore Economic Review
language:en
Short-container-title:Singapore Econ. Rev.

Author:

XIAO WEN¹,PAN JIA-DONG²,LIU LI-YUN³

Affiliation:

1. College of Economics, Zhejiang University, Hangzhou, P. R. China

2. Zhejiang Institute of Administration, No. 1000, West Wenyi Road, Hangzhou, P. R. China

3. Department of Management, Zhejiang Chinese Medical University, Hangzhou, P. R. China

Abstract

This paper measures the index of industrial structure upgrade nationally, regionally and provincially by employing angle cosine method. The results show that China’s industrial structure has upgraded and the East is higher than the Northeast and the Midwest. The paper presents an empirical study to examine the effect of variables including demand-side factors, New Normal as a dummy variable and supply-side factors on industrial structure upgrading. It implies that New Normal is not significant, while consumption, investment, technology improvement and labor supply significantly facilitate the upgrade. It highlights policy suggestions designed to adopt innovation-driven strategy and regional economy development strategy.

Publisher

World Scientific Pub Co Pte Lt

Subject

Economics and Econometrics

Link

https://www.worldscientific.com/doi/pdf/10.1142/S021759081742005X

Reference42 articles.

1. Capital Deepening and Nonbalanced Economic Growth

2. Total Factor Productivity Growth, Structural Change and Convergence in the New Members of the European Union

Cited by 19 articles. 订阅此论文施引文献订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献

1. The Triple Helix Model for Industry-Education City Integration in China: A Development Approach;Sage Open;2024-04

2. Analysis of the impact factors of industrial structure upgrading on green total factor productivity from the perspective of spatial spillover effects;Heliyon;2024-04

3. Natural resource development, economic policy uncertainty and urban residents’ consumption in China: a nonlinear ARDL and time-varying parameter vector autoregressive with stochastic volatility approach;Stochastic Environmental Research and Risk Assessment;2024-03-29

4. Industrial structure upgrading and technological capability in China – based on the perspective of industrial structure depth;Asian Journal of Technology Innovation;2023-08-21

5. The relationship between sustainable innovation efficiency and economic growth in China;Technology Analysis & Strategic Management;2023-07-24