The Influence of Industrial Transfer on Regional Total Factor Productivity and Its Path Analysis

Abstract

Based on the industry assets and input-output data of labor-intensive industries in China from 1997 to 2016, this paper empirically tests the impact of industrial transfer on regional total factor productivity and its impact path through panel VAR and mediation effect models. The study found that: (1) China's labor-intensive industry transfer significantly affects regional total factor productivity, in which industrial transfer increases the total factor productivity of industrial transfer and reduces the total factor productivity of industrial support; (2) industrial transfer significantly affectes the total factor productivity by its impact on human capital. Finally, the corresponding countermeasures and suggestions are put forward.