The Relationship between the Producer Services Agglomeration and Economic Growth Based on the Spatial Analysis
Liu Li-pin
Abstract
Liu Li-pin
Abstract
Based on the production function and the spatial econometric model,the paper analyzed the relationship between the producer services agglomeration and economic growth in China from year 2009 to year 2011. The results show that: 1) all research indicators show some significant spatial agglomeration features. 2) the producer services have an important effect on boosting economic growth but there exists a strong economic resource competition among provinces in China. 3) the spatial spillover effects of business service industry and transportation service industry other than that of information service industry promote the local economic growth. Policy-making efforts should be made to encourage the development of producer services to match with the regional economic development mode upgrade,create the innovation ability to improve efficiency in the producer services industry,strengthen the economic spillover of productive service industry transformation ability construction and expand its application areas.
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Based on the production function and the spatial econometric model,the paper analyzed the relationship between the producer services agglomeration and economic growth in China from year 2009 to year 2011. The results show that: 1) all research indicators show some significant spatial agglomeration features. 2) the producer services have an important effect on boosting economic growth but there exists a strong economic resource competition among provinces in China. 3) the spatial spillover effects of business service industry and transportation service industry other than that of information service industry promote the local economic growth. Policy-making efforts should be made to encourage the development of producer services to match with the regional economic development mode upgrade,create the innovation ability to improve efficiency in the producer services industry,strengthen the economic spillover of productive service industry transformation ability construction and expand its application areas.
Key concepts: Economies of agglomeration, Spillover effect, Tertiary sector of the economy, Business, Competition (biology), China, Economic geography, Service (business)