A Study on the Impact of the Integration of the Two Industries on the GVC Climbing in China's Advanced Manufacturing Industry
Based on the theory of industrial integration,this paper uses the data of modern service industry and advanced manufacturing industry from 2005 to 2018 to consider the impact and internal mechanism of the integration of the two industries on the rise of the global value chain of China's advanced manufacturing industry.The results show that:the influence of the integration of the two industries on the position of China's advanced manufacturing industry in the global value chain is significantly positive,and the influence on the position of China's ad-vanced manufacturing industry in the global value chain is significantly"inverted U".Quantile re-gression results show that the positive impact of the integration of the two industries on the GVC position of China's advanced manufacturing industry is significant only at the middle and high score loci,and the"inverted U-shaped"impact on the GVC position of China's advanced manu-facturing industry is significant at all sub-loci,and the impact is greater at the high score loci.The mechanism test found that the impact of the integration of the two industries on the position and status of China's advanced manufacturing industry in the global value chain is different through foreign direct investment,technological innovation,capital deepening and industrial ag-glomeration.In view of this,it is necessary to accelerate the in-depth integration of the two in-dustries,rationally utilize the spillover effect of FDI,adhere to the innovation-driven develop-ment strategy,maintain a suitable capital deepening trend,and orderly promote industrial ag-glomeration.
modern service industryadvanced manufacturing industryintegration of the two industriesglobal value chain climbing