Abstract
This paper calculates the influence and induction coefficient based on the input-output theory, in order to evaluate the current situation of Beijing’s service industry and its effects on regional development. With online comparison, the author concludes that the service sector is getting more and more important on economic development, while the second industry is still the pillar of growth. The author also finds that the impact of service sector’s influence coefficient on the growth rate of regional economy and the scope of industry is weaker than the induction coefficient. At last, this paper shows that the fundamental compelling power for Beijing’s service development is from the demand side of market, and this gives the benchmark point for policy making in service sector.
Highlights
Beijing which is a key economic area in China adjusts the economics structure actively, and promotes the transformation of economic development patterns positively
The correlation between the service industry and others is reinforced obviously, but it is limited to the a handful of sectors within service industry, for instance, transportation shipping industry, leasing and business services, tourism, polytechnic services
In order to meet the goal of Beijing social and economic development, the service industry in Beijing should witness further development of the more sectors
Summary
Beijing which is a key economic area in China adjusts the economics structure actively, and promotes the transformation of economic development patterns positively. Compared with the Beijing performance in FDI using, the FDI using of Beijing service is just the beginning, so it has a considerable to grow [2]; the study based on the space structure shows that there are multicenter on the development of Beijing service sector [3]; there exists difference on the spatial distribution of services and manufacturing, the positive relationship between the input of Beijing producer service and manufacturing efficiency was verified [4].The statistics based the time series data show services sector become to be one of the three major factors that affect economic growth [5],but structural flaws is pointed and the competitive advantage is gradually weakened [6]. The existing studies pay more attention on the situations and the characteristics of Beijing service sectors; make full positive analysis on the roles of services to economic development and the competitiveness. The research on the relationship of economy and technology in different -specific services industry are not enough, this paper is guided by the theory of input and output, analyze the relationship of agricultural, industry and service industry, the
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