中国生产性服务业开放与制造业全要素生产率提升--基于行业异质性的视角

The Opening Up of China's Producer Service Industry and the Promotion of Total Factor Productivity in Manufacturing Industry: Based on the Study of Industry Heterogeneity

中国制造业企业想要转型升级,首先需要提高企业的全要素生产率,生产性服务业开放是制造业企业提高生产效率的重要途径,不同服务行业开放对制造业企业生产效率的提高会存在一定的差异。运输服务、金融服务、专利权使用费和特许费服务、其他商业服务对中国整体制造业生产率有正向促进作用,保险服务、通讯邮电服务、计算机和信息服务、咨询服务对整体制造业生产率有负向影响。将制造业按投入要素密集度不同划分后,发现运输服务对技术密集型企业、金融服务对劳动密集型企业、专利权使用费和特许费服务对资本密集型企业的正向影响最大,保险服务和咨询服务对劳动密集型企业、通讯邮电服务和计算机信息服务对资本密集型企业的负向影响最大。

With the continuous development of th deepening of the international industrial division, Ch production and operation system. After performing t e economic globalization and th ina is more and more involved in he reform and opening up policy, e gradual the global China has greatly developed its economy and become the world＇s largest manufacturing country. Although China has made huge achievements, its production efficiency and the added value of its products are very low. China＇s manufacturing enterprises are in urgent need of improving TFP and upgrading. Many studies show that producer service plays a role as a ＂propeller＂ and ＂adhesive＂ in the development of the manufacturing industry. This paper discusses the mechanism of the opening up of producer services to the total factor productivity of manufacturing industries. The opening up of producer services can provide quality intermediate inputs for local manufacturing industries~ the outsourcing of producer services can enable companies to abandon their disadvantaged sectors, focus on their core business, transfer capital risks, and reduce the production costs of manufacturing enterprises. The opening up of producer services can attract large amounts of foreign high-quality intellectual capital and human capital into domestic enterprises, bringing in spillover effects. All of the above can enhance TFP of manufacturing enterprises. This paper uses the data of Chinese Industrial Enterprise Database from 2001 to 2013 to establish a model which empirically analyzes the impact of the openness of different types of producer services on the total factor productivity of manufacturing enterprises. The dependent variable is TFP calculated by using the LP method~ independent variables include the openness of China＇s transportation services, insurance services, financial services, post and telecommunications services, computer and information services, patent royalties service, consulting services, and other business services~ the controlled variable includes enterprise ownership, capital-output ratios, average annual salary of employees, enterprise age and its squares. The result shows that the opening up of transportation services, financial services, patent royalties service and other business services can promote the productivity of the whole manufacturing industries. The opening up of insurance services, post and telecommunications services, computer and information services and consulting services have a negative effect on the productivity of whole manufacturing industries. The capital-output ratio of enterprises and the average annual salary of employees also have a significant positive effect on the total factor productivity of enterprises~ the state-owned ownership has a significant negative effect on the total factor productivity of enterprises~ the enterprise age and its squares have no significant effect on the total factor productivity of enterprises. In addition to the benchmark regression analysis, this paper uses the TFP calculated by the OP method （capital depreciation rates are 15 ~ and 10% respectively） as the proxy of the dependent variable （TFP calculated by the LP method） in order to make the measurement results more robust. The result of the robustness test is consistent with the result of the benchmark regression. This paper divides the manufacturing enterprises in China into three categories： labor-intensive enterprises, capital-intensive enterprises, and technology-intensive enterprises. The result shows that transportation services have the greatest positive impact on technology-intensive firms~ financial services have the greatest positive impact on labor-intensive firms~ patent royalties services have the greatest positive impact on capital-intensive firms. Also, insurance services and consulting services have the greatest negative impact on labor-intensive firms respectively~ post and telecommunications services, computer and information services have the greatest negative impact on capital-intensive firms respectively. Finally, this paper puts forward some proper policy recommendations. For example, the government should open up different producer services according to different types of manufacturing industries; raise the barrier of the service industries which have a negative impact on enterprises; raise the capital-output ratio of enterprises and the average annual salary of employees ; continue to promote the reform of state-owned enterprises, and break down the industry monopolies. Thus the total factor productivity of manufacturing industries in China can be further promoted.