Servicification of Investment and Structural Transformation: The Case of China

K, Guo; Hang, Jing; Yan, Se

doi:10.2139/ssrn.3061631

Cited by 3 publications

(4 citation statements)

References 35 publications

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“…Existing literature generally believes that new infrastructure can promote the upgrading of industrial structures. In fact, the new infrastructure investment can not only serve as an effective combination of stabilizing economic growth and optimizing economic structure [15], but also improve the quality of economic growth by stimulating technological innovation, optimizing industrial structure, and improving production efficiency [16]. In addition, the new infrastructure is the foundation of the digital economy, so it has a greater positive impact on the transformation and upgrading of industrial digitalization and informatization.…”

Section: The New Infrastructure Investment (Nii)mentioning

confidence: 99%

“…For indicators of industrial structure upgrading, the literature often uses indicators such as the proportion of non-agricultural industries, the level coefficient of industrial structure, the ratio of the output value of the tertiary industry to the secondary industry, the Moore structural change index, and the proportion of high-tech industries [33]. As the coupling object of UIS, NII has been proven to have the effect of industrial structure upgrading and transformation [15,16,34], and new infrastructure investment has an upgrading effect on traditional manufacturing and service industries [15,35]. In addition, considering that the research direction of this paper is environmental issues, adding the endogenous impact of agriculture will interfere with the empirical results.…”

Section: The Upgrading Of Industrial Structure (Uis)mentioning

confidence: 99%

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Multiple Environmental Impacts of New Infrastructure Investment Misallocation: Evidence from China’s Industrial Structure

Zhu,

Yang

2024

Pol. J. Environ. Stud.

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While new infrastructure, as a technological extension of traditional infrastructure, has important digital economy attributes, mismatched investment in new infrastructure can still be environmentally damaging. To this end, this paper explores the potential impact of the matching relationship between the new infrastructure investment (NII) and the upgrading of industrial structure (UIS) on environmental pollution from the perspective of coupling and coordination between the two. Through a series of quantitative empirical and robustness tests on China's relevant data from 2011 to 2019, this paper concludes that the coupling coordination level (NUC) of NII and UIS has an inhibitory effect on major environmental pollutants; in terms of mediating effect, NUC can reduce the emission of major environmental pollutants by improving energy consumption structure (ECS) and green innovation level (GII); in terms of nonlinear change characteristics, there is a threshold effect of NUC on the emission of industrial sewage and industrial dust; in terms of spatial properties, NII, NUC, PM2.5 and industrial sewage have positive spatial spillover effects. This study provides theoretical and empirical evidence that can support the government's decision to implement differentiated new infrastructure investment decisions based on environmental protection, and it also provides a certain level of reference for developing countries to make more environmentally friendly new infrastructure investment decisions.

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Section: The New Infrastructure Investment (Nii)mentioning

confidence: 99%

Section: The Upgrading Of Industrial Structure (Uis)mentioning

confidence: 99%

Multiple Environmental Impacts of New Infrastructure Investment Misallocation: Evidence from China’s Industrial Structure

Zhu,

Yang

2024

Pol. J. Environ. Stud.

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“…They emphasized that the servicification of China's manufacturing sector is still in its early stages of development. Guo et al [2018] built a model for the Chinese economy from 1981-2014 and conducted counterfactual experiments, demonstrating the significant role of the servicification of investment. Similarly, Liu and Kim [2020] used an input-output model to determine that the service sector is a key driver for economic development.…”

Section: Justification Of the Topicmentioning

confidence: 99%

The Cross-Sectoral Technological Interdependencies of Central and Eastern Europe in the Era of Industry 4.0 and Chinese Digital Silk Road

Cieślik

2023

aspe

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The concepts of servicification of manufacturing and industry 4.0 gave an opportunity to CEE, which has lost its global value chains position, to intensify the value-added flows of high-tech industries into manufacturing. In turn, Digital Silk Road introduced by China, has a huge impact on diffusion of Chinese advanced services into European manufacturing. Thus, the study aims to understand the flows in the servicification of manufacturing within two most important value-added providers for CEE: Germany and China in the era of industry 4.0 and Chinese Digital Silk Road. The article tried to answer the question: in recent years, there has been a significant change in the advanced servicification of manufacturing in this triangle.

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“…The GVC position of the Chinese manufacturing industry was worsened by foreign servicification of manufacturing. Pomfret (2019) provided a case study of servicification as a component of increased trade between China and Europe in the 20th century, using the Eurasian Landbridge Guo et al (2018). constructed a model for the Chinese economy between 1981 and 2014 and performed counterfactual experiments accordingly.…”

mentioning

confidence: 99%

A New Chapter in Value Chain Connections between China and Europe: Are Advanced Services a New Area of Chinese Influence in European Manufacturing?

Cieślik

2023

Journal of Economic Integration

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One way to mark the presence of Chinese companies in Europe is the servicification of manufacturing with advanced services such as information and communication (ICT). Therefore, the article aims to identify the intensification of the influx of Chinese ICT services in the manufacturing of European economies, especially regarding industries dealing with transport equipment and computers, electronic and electrical equipment. A key research question going forward is: whether technological developments in China affect the country's servicification links with European manufacturing in advanced services. Applying input-output models, the study confirmed that China is more intensively servicing manufacturing in Europe with its ICT services, and the intensity of this servitization increases with the stronger position of a value-added country in GVCs.

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Servicification of Investment and Structural Transformation: The Case of China

Cited by 3 publications

References 35 publications

Multiple Environmental Impacts of New Infrastructure Investment Misallocation: Evidence from China’s Industrial Structure

Multiple Environmental Impacts of New Infrastructure Investment Misallocation: Evidence from China’s Industrial Structure

The Cross-Sectoral Technological Interdependencies of Central and Eastern Europe in the Era of Industry 4.0 and Chinese Digital Silk Road

A New Chapter in Value Chain Connections between China and Europe: Are Advanced Services a New Area of Chinese Influence in European Manufacturing?

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