Research on the Causes and Internal Mechanisms of Technological Progress in China's Manufacturing Industry
From the perspective of induced technological progress,this paper analyzes whether manufacturing technologi-cal progress is mainly caused by a decrease in capital prices or an increase in labor costs,and then distinguishes whether manu-facturing induced technological progress belongs to"actively devouring"employment or"passively supplementing"labor vacan-cies.This paper constructs a theoretical model of factor price fluctuations inducing technological progress in manufacturing enter-prises,and conducts empirical testing using data from A-share manufacturing listed companies in China.It is found that both ris-ing labor costs and falling capital prices will promote capital deepening and achieve technological progress in enterprises;The technological progress in China's manufacturing industry is mainly induced by the increase in labor costs;The change in factor prices can achieve technological progress in the manufacturing industry by increasing the level of human capital and increasing innovative investment channels,but it will exclude low-skilled labor.Therefore,in accelerating the deep integration of artificial intelligence and manufacturing,it is necessary to strengthen skill training and optimize the education structure to stabilize the employment of low skilled labor and establish a reserve force of high human capital.
Induced InventionsLabor CostsCapital PricesManufacturing EmploymentLow Skilled Labor ForceHigh Human Capital
万方数据
维普
