The Empirical Study on Producer Service Industry and Economic Growth in China: Implication on Economic Integration

被引:0
作者
Chen, Yinghe [1 ]
机构
[1] Kangwon Natl Univ, Global Talents Network Ctr, Off Int Affairs, Off 104,Chuncheon Campus,1 Gangwondaehakgil, Chuncheon Si 24341, Gangwon Do, South Korea
关键词
Producer Service Industry; Economic Growth; Economic Integration; Empirical Analysis; Limitations; China; TRANSFORMATION; ORGANIZATION; INSTRUMENTS; REGRESSION;
D O I
10.11130/jei.2024025
中图分类号
F [经济];
学科分类号
02 ;
摘要
This empirical study investigates the impact of China's producer services on economic growth from 1995 to 2021, using ridge regression analysis. The results demonstrate that China's producer service industry has a positive influence on economic growth. The ridge regression shows wholesale and retail trade have the most significant positive impact, followed by transportation/storage services. Overall, the study provides valuable insights into the importance of producer services for China's economic integration and growth.
引用
收藏
页码:921 / 939
页数:19
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