Research On The Effect Of Producer Services Industry On The Economic Growths In Guangxi Province

With the economic developing fast in the world and the economic globalization of world economy is getting more obvious, service industry development level has become the key factor of economic development level of a country or region, as a service industry with high value-added, high-tech, low pollution characteristics, productive service industry has become the main force to promote the economic development. Producer services of Guangxi started late, and with a small-scale, slow pace of development, the limited level of development of producer services in Guangxi, have hindered the economy growth, the study of producer services on how to promote economic growth is necessary. So, this study is Significance for the development of Guangxi economy.On the basis of studying domestic and foreign scholar’s literatures, this paper uses empirical analysis of relevant theories of economics and econometrics, comprehensive and in-depth study of the development of producer services overview of Guangxi and the impact on economic growth.First, this paper made a detailed review of connotation and classification of producer services; second, defined the implications for producer services, classification and characteristics, endogenous growth theory, related industries theory, outsourcing value theory and chain theory, laid the theoretical foundation for future research; third, use of large amounts of data analyzes the development of producer services in’ Guangxi, separately from the overall level of development of producer services, specific development situation within the various sectors, compare to the levels of development of producer services as well as the eastern, central and western part of china, by combining the analysis of the chart and text, show the true development of producer services in Guangxi;fourth, introduce mechanisms of producer services to promote economic growth,, then with the panel data of GuangXi from the year2003to2012, using stationary test, co-integration test, Granger causality test, to show the influence of producer services for economic growth in Guangxi;at last, this paper discusses the problems in Guangxi producer services in the development process and find the reasons.For these problems, combined with the actual situation of economic development in Guangxi, put forward feasible suggestions from government, market and business perspective.