Empirical Study Of Interactive Relationship Between Strategic Emerging Industries And Productive Service Industry In Anhui Province

Strategic emerging industry and productive service industry are two new engines of economic growth, and the two core industries of Anhui province to adjust industrial structure and foster new economic growth points. Strategic emerging industry and productive service industry both have high industry aggregations. Focusing on the interaction between these two industries is favorable to the development of regional economy by leaps and bounds. In this sense, analyzing the relationship between strategic emerging industry and productive service industry in Anhui Province and dealing with the problems of the development of strategic emerging industry and producer services industry play an important role of the healthy development of the economy in Anhui province.(1) By combing the related literature at home and abroad, this paper found problems that most experts had just done qualitative research on the study of the relationship between strategic emerging industry and productive service industry. On the basis of predecessors’ research, this paper chooses Anhui Province as the research object to analyze the interaction between strategic emerging industry and productive service industry in the region. On the basis of introducing the development of strategic emerging industry and productive service industry in Anhui Province, this paper points out the existing problems in the development of the two industries and analyze the strategic emerging industry through the SWOT analysis method.(2) Based on VAR model, through the Granger causality test, impulse response function and variance decomposition, this paper makes an empirical study on the long-term interaction between strategic emerging industry and productive service industry in Anhui province. The results show that there is a long-term co-integration relationship between strategic emerging industry and productive service industry of Anhui province, but it has a Single direction. Productive service industry has a significant effect on the development of strategic emerging industry, but the effect of the strategic emerging industry on the development of producer service industry is not obvious.(3) In this paper, a simultaneous equation model is constructed to analyze the short-term cooperative relationship between strategic emerging industry and productive service industry in Anhui province. At the same time, a regression model is established to analyze the mutual influence between segments. According to the conclusion, this paper analyzes the relevant causes, and puts forward the corresponding policy recommendations. This will have some reference value for the future of Anhui province to achieve resource optimization allocation and promote industrial structure rationalization and the positive interaction between industries.