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| Imbalance and Inadequacy Measurement and Source Decomposition of High-Quality Development of China's Manufacturing |
| Wang Shan1,Liu Wenfei2,Yu Donghua1,3 |
| (1. School of Economics, Shandong University, Jinan 250100, China;2.The Wang Yanan Institute for Studies in Economics, Xiamen University, Xiamen 361005, China;3.Yellow River National Strategic Research Institute, Shandong University, Jinan 250100, China) |
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Abstract The Chinese economy has shifted from a stage of rapid growth to a stage of high-quality development. As the foundation of the country, manufacturing has gradually become the core of high-quality development in the Chinese economy. The report of the 19th National Congress of the Communist Party of China has clearly pointed out that the main contradictions in Chinese society have been transformed into the contradiction between the people's growing need for a better life and the imbalanced and inadequate development. As an important part of imbalanced and inadequate development, manufacturing is also facing prominent problems. In this context, scientific measurement of the high-quality development level of China's manufacturing and comprehensive investigation of its imbalanced and inadequate development status, evolution trend and structural sources have important theoretical value and practical significance.#br#The new development concept is the basic principle of Chinese economic and social development during the Fourteenth Five-Year Plan and the next period. The high-quality development measurement system based on the new development concept is multidimensional and contemporary, reflecting the rich connotation of high-quality development. This paper constructs an evaluation index system for high-quality manufacturing development that includes 6 sub-dimensions and 24 basic indexes.#br#Imbalance mainly refers to the imbalance of horizontal development. The spatial disharmony and irrational structure are important manifestations of the imbalance in the high-quality development of manufacturing. Inadequacy mainly means that neither the development level of productivity nor the total amount is not high enough, and the current development level is insufficient compared with the relatively sufficient state. The imbalance is horizontal, mainly manifested by the large gap in development between regions; and the inadequacy is vertical, mainly manifested by the low level of development within the region. The two complement each other.#br#This study uses the entropy weight method to measure the high-quality development level of manufacturing in 30 provincial administrative regions in China from 2008 to 2020. Using the weighted Dagum Gini coefficient and quantile standardization method, it investigates the imbalance and inadequacy of the high-quality development of manufacturing from the dual perspectives of space and structure. Through the variance decomposition method and the calculation of the subdimension contribution rate, the structural sources of imbalance and inadequacy in the high-quality development of manufacturing are explored, respectively. It is found that the high-quality development level of China's manufacturing is low, showing a spatial pattern of high in the east, medium in the middle and low in the west and the distribution characteristics of high in the south and low in the north. The degree of imbalance in the high-quality development of China's manufacturing tends to increase, the degree of imbalance in the central region is relatively low, and the degree of imbalance between regions associated with the east is high. The gap in open and innovative development is the main source of the imbalance in the high-quality development of manufacturing in China and its regions. The inadequacy of high-quality development in China's manufacturing has enhanced, and the inadequacy of the east is relatively low. Insufficient opening-up development and weak innovation development are the main sources of inadequacy in high-quality manufacturing development.#br#The marginal contribution of this paper is as follows. First, this study uses the weighted Dagum Gini coefficient method to quantify the imbalanced degree of high-quality development in China's manufacturing from the perspective of sub-samples and sub-dimensions and reveal the source of the difference. Second, according to the new development concept, this paper constructs an evaluation index system, and uses the quantile standardization method to uniformly transform the high-quality development level of China's manufacturing into relative sufficiency within the standard range, thus providing a feasible way to make up for the weakness of manufacturing development. Third, by using the methods of variance decomposition and contribution rate calculation, the study explores the structural root causes of imbalanced and insufficient high-quality development in the manufacturing industry, providing targeted policy implications for the development of manufacturing in different regions.#br#
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Received: 14 November 2022
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