›› 2019, Vol. 31 ›› Issue (1): 15-26,61.

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Producer Service Development Patterns, Structural Adjustment and Economic Growth——Based on Dynamic Spatial Durbin Model

Cao Congli, Chen Xian   

  1. Antai College of Economics & Management, Shanghai Jiao Tong University, Shanghai 200030
  • Received:2016-10-25 Online:2019-01-28 Published:2019-01-22

Abstract:

This paper constructs a comprehensive theoretical model to analyze the effects of producer service development patterns and structural adjustment on city's economic development. Based on urban panel data from 2003 to 2014 in China and using dynamic spatial Durbin model, the results show that:the economic growth effects of producer service development patterns and structural adjustment are constrained by the stage of economic development and the population size of the city. With the upgrading of industrial structure and the expansion of city scale, the marginal revenue of economic growth of producer services increases if the development patterns change from specialization to diversification. The improvement of specialization and diversification level of producer service as well as changing from specialization to diversification can enhance "structural growth features". And the spatial spillover effects are quite different for different urban scale city in different economic stage.

Key words: producer service, development patterns, structural adjustment, Spatial Durbin Model