Cross-country Comparative Research on the Impact of Service Industry on Manufacturing Efficiency - Based on Digital Background

DOI

10.2991/978-94-6463-408-2_75How to use a DOI?

Keywords

Domestic Value-added; Manufacturing Efficiency; Industrial Correlation; Digital Economy

Abstract

With the acceleration of digital industrialization and industrial digitization, new technologies is driving the transformation of service industry models, which improves the efficiency of service efficiency and ultimately improves the efficiency of other industries especially manufacturing industry. It is conducive to create a modernized industrial chain. This paper first measures service input rate. Then, with the Non-Competitive I-O, this paper decomposes service efficiency into domestic value-added efficiency and import efficiency. Based on the domestic value-added efficiency of service industry, this paper analyzes the impact of service industry on manufacturing efficiency in China, UK, Germany and Mexico. The result shows that most of the domestic value-added of low-end services in China and Mexico has a positive effect on the efficiency of other industries, while most of the domestic value-added of high-end services does not have the same impact. However, in the developed countries such as the UK and Germany, both low-end and high-end contribute significantly to the efficiency of other industries. On this basis, this paper makes a dynamic expansion analysis. Finally, this paper puts forward the relevant countermeasures and suggestions.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Guangmin Hua
AU  - Chunhong Zhu
AU  - Jianbo Bao
PY  - 2024
DA  - 2024/05/07
TI  - Cross-country Comparative Research on the Impact of Service Industry on Manufacturing Efficiency - Based on Digital Background
BT  - Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)
PB  - Atlantis Press
SP  - 688
EP  - 699
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-408-2_75
DO  - 10.2991/978-94-6463-408-2_75
ID  - Hua2024
ER  -