Research on the Impact of Economic Policy Uncertainty on the High-quality Development of Our Manufacturing Industry
Manufacturing industry is the foundation of a country and the foundation of a strong country.The uncertainty of economic policy affects the decision-making of investment and financing,and then affects the high-quality development of manu-facturing industry.The data of China's A-share listed manufacturing enterprises from 2010 to 2022 were selected,the high-quality development level of China's manufacturing industry was measured by constructing the index system and u-sing the entropy right method,and the influence effect and heterogeneity characteristics of economic policy uncertainty on the high-quality development of China's manufacturing industry were empirically analyzed.The research shows that the high-quality development level of China's manufacturing industry shows a trend of falling first and then rising.The spa-tial distribution of the development level of the manufacturing industry is uneven,and the spatial pattern of the high-quality development level of the manufacturing industry in the eastern region is higher than that in the central and western regions.The uncertainty of economic policy has significantly promoted the high-quality development of the manufacturing industry,and the results are robust.The heterogeneity analysis shows that the positive impact of economic policy uncer-tainty is more prominent in high-tech enterprises,state-owned enterprises,large-scale enterprises,enterprises in west-ern regions and enterprises in high fiscal revenue regions.In the future,the government should strengthen communication with manufacturing enterprises to enhance the predictability of policies,and enterprises should pay more attention to the development of internal control quality.
economic policy uncertaintymanufacturing industryhigh-quality development
万方数据
维普
