Research On The Relationship Between Resource Industrial Cluster And Factor Endowment Structure Based On Structural Equation Model

Every country attaches great importance to the issue of economic growth.After the founding of the country,my country's economy did not enter rapid development until the reform and opening up.As a country with large reserves of resources,resource-oriented elements are the starting point for my country's economic development,so resource-based industries are also the top priority for development.The concerned factors in the relationship between resource-based industrial clusters and the factor endowment structure,such as resource-oriented factors,capital-oriented factors,and knowledge-oriented factors,are relatively abstract variables.There are no ready-made indicators to measure,and it is difficult to use one or several factors.A measurable index instead.This research takes resource-oriented factors,capital-oriented factors,knowledge-oriented factors,and resource-based industrial clusters as latent variables,measures latent variables through multiple observation variables,and introduces a structural equation model consisting of measurement equations and structural equations.Construct a structural equation model to study the applicability of the relationship between resource-based industrial clusters and factor endowment structure.This article collects the production factor index data of 30 provinces(municipalities and autonomous regions)in my country from 2000 to 2018.Refer to the relevant theories of factor endowments,select resource-oriented factors,capital-oriented factors and knowledge-oriented factors according to the different development stages of resource-based industrial clusters,and establish factor endowment structure and the structural equation model of production factors in resource-based industrial clusters.First The factor analysis method is used to verify and analyze the 15 measurable variable index systems of the three leading elements of resource-oriented,capital-oriented,and knowledge-oriented factors,and then use the structural equation model to analyze the resource-based industrial clusters and factor endowments The structural relationship is further analyzed in detail,and after these two analyses,the relationship between the elements in 30 provinces(municipalities and autonomous regions)across the country from 2000 to 2018 is obtained.The results show that due to the uneven development in the east and the middle of our country,capital-dominated factors are currently the most important,but the factor endowment structure in my country has changed from capital-dominated factors to knowledge-dominated factors.The development of my country's resource-based industrial clusters should generally be divided into three stages: initially the resource-led element stage,then the capital-led element stage,and finally the knowledge-led element stage.