An Empirical Analysis on the Interactive Development between the Producer Service Industry and the Manufacturing Industry:——A Case Study of Jiangsu Province
Yu Wang
Abstract
Yu Wang
Abstract
With deepening of the specialized division of labor and the development of the economy,the producer service industry has progressively being involved and gradually becomes the spring of the basic energy and the dominant force of the increasing economy,which represents a close relationship between producer service industry and the manufacturing industry in interdependence and interaction.This paper analyzes the importance of the producer service industry in economic development based on a case study in Jiangsu Province in the above-mentioned interactive developing relationship.
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With deepening of the specialized division of labor and the development of the economy,the producer service industry has progressively being involved and gradually becomes the spring of the basic energy and the dominant force of the increasing economy,which represents a close relationship between producer service industry and the manufacturing industry in interdependence and interaction.This paper analyzes the importance of the producer service industry in economic development based on a case study in Jiangsu Province in the above-mentioned interactive developing relationship.
Key concepts: Tertiary sector of the economy, Business, Manufacturing, Service (business), Division of labour, Service economy, Industrial organization, Empirical research