Abstract
Improving total factor productivity (TFP) is the source of power for high-quality development. Industrial structure optimization is an important way to improve TFP. This paper constructed an econometric model of industry structure changes impacting on TFP in the marine fisheries and conducted an empirical test and analysis. The results showed that the industry rationalization, softening and processing coefficient of marine fishery had a significant "structural dividend" for improving its TFP; while the impact of industrial structure advancement and aquaculture-catching structure changes did not have "structural dividend", but it could be a combination of other factors to reduce these adverse effects.We believe that simply pursuing the advanced evolution of the industrial structure is not conducive to sustainable development of fishery. Under the pursuit of the rationalization of the marine fishery industry structure, by promoting the coordinated evolution of marine fisheries advancement, aquaculture-catching structure and other factors, the "structural dividend" effect can be enhanced and the fishery can achieve sustainable development. Finally, it proposed to promote the development of advancement and rationalization of marine fishery industry structure coordinately, adjust fishery science and technology transformation direction and key points, and accelerate the development of intensive processing industry by cross-border integration.
Highlights
The economy of China has changed from high-speed growth stage to high-quality development stage, and high-quality development has become a long-term strategy followed by the national modernization construction in the new era [1]
We choose the random effect to estimate the static model, at the same time, the dynamic impact of the change of marine fishery industrial structure on the total factor productivity of marine fishery is analyzed by using the differential generalized moment meter (GMM) method
The marine fishery economic growth caused by the advancement of industrial structure still depends on the expansion of factor scale and the improvement of utilization efficiency after transfer, the contribution of technological progress and technical efficiency is relatively low, so it has a negative effect on improving the total factor productivity of marine fisheries
Summary
The economy of China has changed from high-speed growth stage to high-quality development stage, and high-quality development has become a long-term strategy followed by the national modernization construction in the new era [1]. It can be seen from the previous part of this paper that the annual average TFP of Marine Fisheries in China from 2003 to 2016 was 1.005, and Jiangsu, Hainan, Guangdong, Zhejiang, Tianjin and other regions exceeded the national average level, with Jiangsu being the highest, reaching 1.045, indicating that the average annual total factor productivity of Marine Fisheries in these areas has shown an overall increase trend. We choose the random effect to estimate the static model (model 1), at the same time, the dynamic impact of the change of marine fishery industrial structure on the total factor productivity of marine fishery is analyzed by using the differential GMM method (model 2). Considering the dynamic development of marine fishery economy, we adopt the regression results of dynamic panel model
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