Dynamic Relationship Between Industry Cluster,Technology Innovation And Regional Economic Growth Of Automobile Industry In Guangxi

Since reform and opening up,with a large number of investment of cheap labor and abundant natural resources,China’s labor-intensive and capital-intensive manufacturing has achieved great development and gained the advantage about international market competition.Some core engineering technologies have been depending on foreign enterprise that the overall manufacturing industry is at the low end of distribution of profits in international division of labor.Domestic enterprise needs to promote technology innovation and the core competitiveness in order to improve the economic benefit and gradually highlight the competitive advantage.With the continuous development of the socialist market economy,the improvement of China’s industrial agglomeration level has been effectively promoting economic growth and technological progress.Currently,China is encountering the pressure from both economic slowdown and industrial structure adjustment,it is imperative to explore the internal relations of the three variables and their influence effect about industry cluster,technological innovation and economic growth to provide new research subject for regional industrial structure transformation and upgrading.Automobile manufacturing industry as the dominant industries in Guangxi that spatial agglomeration effect has increasingly showed more obvious development momentum in recent years.Based on the statistical data of Guangxi from 1999 to 2014,a VAR model of industry cluster,technology innovation and regional economic growth of automobile industry in Guangxi is established and the dynamic relationship between them are empirically analyzed with econometric method of the unit root test,co-integration test,impulse response function and variance decomposition.This study shows that,firstly,a long equilibrium co-integration relationship between them is proved.Secondly,there is a bidirectional interactive relation between industry cluster and regional economic growth of automobile industry in Guangxi obviously.Thirdly,the regional economic growth makes less obvious positive effect to technology innovation;technology innovation has a negative impact on regional economic growth.Finally,there is a synergistic effect between technology innovation and industry cluster.