Can the Integration of Manufacturing and Services Alleviate the"Cost Disease"in the Service Sec-tor?―A Test Based on a Dynamic Spatial Durbin Model
As service functions increasingly play a pivotal role in modern manufacturing,the boundaries between industries are becoming blurred,and the Advanced Manufacturing and Modern Service Industry has emerged as a vital pathway for driving economic growth.This study utilizes Stochastic Frontier Analysis and an Evaluation In-dicator System to measure service industry productivity and the degree of manufacturing-service integration across 30 Chinese provinces from 2012 to 2021.A dynamic spatial Durbin model is employed to investigate the di-rect effects and spatial spillovers of such integration on total factor productivity(TFP)in the service sector.The findings reveal a persistent rise in the share of the service industry in the economy,coupled with slowing overall economic growth,reflecting the presence of a"cost disease"in the service sector.Manufacturing-service integra-tion significantly enhances local service sector TFP in the short term and exerts stronger long-term spatial spillover effects on neighboring regions.This integration is particularly effective in boosting productivity in both eastern and western regions,primarily through improvements in technical efficiency and scale effects.
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