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Research On The Influence Of Modern Service Industry On Regional Economic Growth

Posted on:2018-06-17Degree:MasterType:Thesis
Country:ChinaCandidate:T LiuFull Text:PDF
GTID:2359330518486028Subject:Applied Economics
Abstract/Summary:PDF Full Text Request
Over the last 11 years,China's service industry has rapid developed.In 2014,it has accounted for 50.5% of the total national economy,becoming the largest industry in our country,making great contributions to China's economic development and providing the pre-requisites for the rise and development of China's modern service industry.Moreover,modern service industry is the most active and creative part in the service industry and the new engine of economic growth.However,the development of China's modern service industry is still in the primary stage.It has a great disparity,compared with the standard "modern service industry development over 70% " of developed countries.The imbalance of regional economic development is a problem that China has always focused on.To narrow down the economic gap between regions,we must find new impetus.In our country,modern service industry is confined to some areas such as provinces and big cities.Obviously,It can not solve the problems in the development of regional economy.Based on the statistical data of 30 provinces in China from 2005 to 2015,China was divided into three regions: East,Middle and West,and established two basic measurement models.Firstly,taking the central part as the reference group,and the eastern part as the comparison group.Added into two dummy variables,selecting the relevant variables.the eastern and western modern service industry development gap was verified,and the three regional economic growth and modern services Industry relations do regression analysis;Secondly,The modern service industry has seven sub-sectors and three regional economic growth were the most regression analysis.In this paper,combining the theoretical analysis with empirical analysis,and drawing conclusions:firstly,the modern service industry has influences on the regional economic growth.however,the degrees of influence are different.The more developed areas,the more modern service industry,vice versa.Secondly,the economically developed eastern region,the modern service industries are mainly including the financial industry,information transmission,computer services and software industry.Moreover.economic growth has an absolute role in promoting.In relatively backward central region,the modern service industries take the real estate,leasing and business services as the main development industry,and economic growth has an active effect on economic development.In the most backward western region,there are no advantages for all sub-sectors of modern service industry and has little impact on the economic growth.Finally,putting forward relevant recommendations according to the verification results,promoting the modern service industry in a strategic position of regional economic growth,and improving the proportion of modern service industry in GDP;With the verification results,We should refine the internal mix of China's regional modern service industry and develop sub-sectors to promote economic growth.From this article,we can draw a conclusion that developing economy and promoting inter-regional cooperation are the two effective ways to develop modern service industry,promote economic growth and narrow down the gap between regional economic developments.
Keywords/Search Tags:modern service industry, regional economic growth, narrow the regional
PDF Full Text Request
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