区域间制造业投入服务化与企业跨地区投资

Inter-regional Manufacturing Servitization and Enterprises Invest Across Regions

基于企业内部视角,构建省份配对数据实证探究区域间制造业投入服务化对企业跨地区投资的影响效应和作用机制。结果发现:区域间制造业投入服务化显著促进了企业跨地区投资,主要通过降低地区间交易成本和提高地区间服务要素联系的路径实现。异质性分析发现:对于企业跨地区投资业务类型,区域间制造业投入服务化均显著促进企业跨地区投资制造业和服务子公司;从要素密集型视角看,只有区域间资本和技术密集型制造业投入服务化有效促进企业跨地区投资;从投入行业视角看,区域间制造业投入生产性服务业和非生产性服务业均显著促进企业跨地区投资;从地理位置视角看,区域间制造业投入服务化水平提高显著促进了东部地区母公司在东、中西部地区投资子公司,还显著促进了南部地区母公司在北部地区投资子公司。上述结论拓展和丰富了关于制造业服务化的研究,并为实现区域协调发展提供了理论参考。

Based on the internal perspective of enterprises,this paper empirically explores the impact and mechanism of inter-regional manufacturing servitization on the cross-regional investment of enterprises.?The results show that the servitization of inter-regional manufacturing significantly promotes inter-regional investment,mainly through reducing transaction costs and improving the connection of service elements between regions.Heterogeneity analysis shows that in terms of business types of inter-regional investment,the inter-regional manufacturing servitization significantly promotes the inter-regional investment in manufacturing and service subsidiaries.From the perspective of factor intensive,only inter-regional capital and technology-intensive manufacturing servitization can effectively promote enterprises inter-regional investment.From the perspective of investment industry,both inter-regional manufacturing investment in producer services and non-producer services significantly promote inter-regional investment of enterprises.In terms of geographical location,the improvement of inter-regional manufacturing servitization significantly promoted the investment of parent company in the eastern region to invest subsidiaries in the eastern,central and western regions,and the parent company in the southern region to invest subsidiaries in the northern region.The conclusions expanded and enriched the researches on manufacturing servitization and provide an important theoretical reference for achieving regional coordinated development.