Institutional Openness Empowers the Development of New Quality Productivity:Theoretical and Empirical Perspectives
Accelerating the formation and development of new quality productive forces is crucial to a-chieving high-quality economic development and promoting the Chinese-style modernization.To develop new quality productive forces openly,it is necessary to form new production relations accordingly at the do-mestic and international levels.The institutional opening,which has the characteristics of internal institu-tional innovation and external international economic and trade rules embedding two-way coordination,conforms to the adaptability adjustment of new production relations required by the development of new quality productive forces,and thus enable the development of new quality productive forces.Guided by the-oretical analysis,the further quantitative test is conducted on the basis of the innovative measurement of the level of institutional openness and the level of new quality productivity in China's provinces from 2013 to 2022.The results of this paper show that:first,institutional openness significantly promotes the develop-ment of new quality productivity,and this conclusion has been verified by a variety of robustness tests and endogenous tests;Second,from the specific mechanism of action,institutional openness plays a positive role in promoting the development of new quality productivity by gathering high-end global factors,strengthening the incentive mechanism for technological innovation and optimizing the efficiency of resource allocation;Third,in the process of institution-type opening up enabling the development of new quality productivity,regional policy implementation plays a positive regulating role;Fourth,the positive promoting effect of institutional opening on the development of new quality productivity not only has the characteristics of heterogeneity,but also has obvious spillover effect in space.
institutional openingnew quality productivityhigh-quality development
NETL
NSTL
万方数据
