The Research On The Influence Of Producer Services On The Competitiveness Of The China’s Manufacturing Industry

With the "low-carbon economy", the manufacturing way of the advent of high inputs, high consumptions will be difficult to maintain. And producer services have characteristics of a high intelligence, a high concentration, a high growth, a high radiation, a low consumption, a low:pollution, becoming a new driving force for growth in manufacturing. Producer services are the carrier of senior elements into the manufacturing industry, being full of knowledge, technology and capital, providing technical and financial support, helping enhance the competitiveness of the manufacturing sector. Therefore, firstly, from the viewpoint of specialized division of labor, industry relevance and co-location, this article analyses the premise that the producer services enhance the competitiveness of the manufacturing industry. Secondly, the paper analyses producer services enhance the mechanism of the manufacturing competitiveness. Producer services lower manufacturing costs and transaction costs, forming differential advantage, improving the content of human capital and intellectual capital, integrating industry chain. Thirdly, the paper uses overall labor productivity, total factor productivity, trade competitiveness index, revealed comparative advantage index to measure the competitiveness of the China’s manufacturing industry. After that, by building the panel model, this paper examines whether producer services have an influence on the China’s manufacturing competitiveness. The empirical results show that the producer services and R&D both increase the overall labor productivity and the trade competitiveness of the China’s manufacturing industry, not increasing the total factor productivity and the revealed comparative advantage of these industries. Finally, the paper provides the corresponding countermeasures to enhance the competitiveness of the manufacturing industry.