Research On The Compilation And Application Of Input-output Table In China To Distinguish Between State Owned And Non-state Owned Economy

The practice of 40 years of reform and opening up has shown that unswervingly consolidating and developing the public sector economy and unswervingly encouraging,supporting and guiding the development of the non-public sector economy has been an important lesson in creating the miracle of China’s economic growth.The state-owned economy occupies a dominant position in China’s economic system.The study of the compilation theory of distinguishing the input-output table between the state-owned and the non-state-owned economy will help to clarify the relationship between the state-owned economy and other forms of ownership economy.It is of great significance for the formulation of scientific and effective economic policies.This paper compiles input-output tables to distinguish the state-owned economy from the non-state-owned economy according to the corresponding ratios of each indicator of the state-owned economy,systematically analyzes the characteristics of the changes in the general structure of the state-owned,non-state-owned and public sector economies,and quantitatively measures the role of each demand factor on the structural changes of the industrial sectors of the stateowned and non-state-owned economies using a multi-factor multi-order impact analysis model.First,the input-output tables of China compiled by the National Bureau of Statistics(NBS)are taken as the basic framework,supplemented with other statistical data,and combined with the National Economic Classification of Industries(2017)to prepare the input-output tables of the separated state-owned economy in 2007,2012 and 2017 to examine the characteristics of the changes in the total structure of the three types of economy in China: state-owned,non-state-owned and public sector.The results show that the nonstate economy(including the collective economy)occupies the majority position in the economy as a whole,and also its products have the largest share in the domestic productive inputs.Second,the status and role of state-owned economy is quantitatively studied from various perspectives,including industrial structure,initial input and end-use structure,industrial distribution characteristics,industrial association effect,industrial ripple effect and production-inducing effect.The results show that the influence coefficient of stateowned industries is greater than that of non-state-owned,among which the influence coefficient of state-owned primary industries is the largest;state-owned tertiary industries contribute more to China’s tax revenue;state-owned industries and non-state-owned secondary industries are intermediate product-type industries and have an important position in economic development;non-state-owned primary industries are the most laborintensive,and all final demands have the greatest influence on the production of non-stateowned secondary industries largest,and the non-state tertiary industry has the largest profitability and stronger endogenous development capacity.Third,the multi-factor multi-order impact analysis(MMIA)model is applied to decompose the influencing factors of the changes in the ratio of three industries and 84 sectors in the state-owned and non-state-owned economies to reveal the main influencing factors of each sector.The results show that intermediate inputs are the main influencing factors for the change of industrial structure in state-owned economy,and intermediate inputs and end-use have a greater role in influencing the change of industrial structure in non-state-owned economy.At the end,based on the current situation of the development of state-owned and nonstate-owned economy in China and the characteristics of the factors affecting the change of industrial structure,the future development direction of state-owned and non-state-owned economy is analyzed and relevant policy insights are proposed.