Abstract
This paper selects the panel data of 30 provinces and cities in China from 2009 to 2017, and uses the threshold effect model to investigate the non-linear relationship between producer services agglomeration and industrial structure upgrading by taking the agglomeration degree of producer services lagging one year as the threshold variable. The results show that the effect of producer services agglomeration on industrial structure upgrading shows an inverted “U” nonlinear relationship, that is, there is an optimal agglomeration level, and the agglomeration effect has a lag.
Highlights
At present, China's economy has changed from the stage of high-speed growth to the stage of high-quality development
For verifying the nonlinear relationship between producer service agglomeration and industrial structure upgrading, this paper studies the threshold regression model proposed by Hansen(1999)
Based on the provincial panel data of 2009-2017 in China, this paper empirically investigates the nonlinear influence of producer service agglomeration on industrial structure upgrading by constructing panel threshold model
Summary
China's economy has changed from the stage of high-speed growth to the stage of high-quality development. It is in the key period of changing the mode of development, optimizing the economic structure and transforming the power of growth. As China's economy has gradually changed from industrialization to industrialization, the role of producer services in economic development has shifted from "lubricant" to "propeller". Relying on the agglomeration of producer services to promote industrial optimization and upgrading, economic quality and efficiency has become an important way to achieve high-quality development in various regions. How to give full play to the role of agglomeration externality in promoting industrial structure upgrading with the help of producer service industry agglomeration?. On the basis of previous studies, this paper empirically investigates the nonlinear relationship between producer service agglomeration and industrial structure upgrading by using threshold regression model
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