The Transformation of the Concept of Economic Growth Target Setting and the Optimization of the Manufacturing Industry Structure
Setting economic growth targets is an important means of macroeconomic management for local governments.This paper focuses on the impact of the change of economic growth target setting concept on the optimization of manufacturing in-dustry structure,puts forward the hypothesis of the influence mechanism of regional economic growth target on manufacturing industry structure optimization through logical reasoning and literature induction,and conducts an empirical test based on the provincial panel data of 31 provinces and autonomous regions in China from 2001 to 2020(not including Hong Kong,Macau,and Taiwan).The analysis of moderating effect shows that the regional economic growth target has a significant promoting effect on the rationalization of the manufacturing industry structure after the change of the concept of regional economic growth target setting,and the imposition of en-vironmental constraints can effectively weaken the inhibitory effect of the regional economic growth target on the upgrading of the manufacturing industry structure.The weakening of the increase in the regional economic growth target will help weaken the inhibiting effect of the regional economic growth target on the optimization of the manufacturing industry structure.The results of the intermediary mechanism test show that the regional economic growth target under the government performance appraisal can inhibit the height and rationalization of the manufacturing industry structure through the distortion effect of investment structure,the crowding effect of technological innovation and the stunting effect of factor market development,which provides a feasible path for reducing the negative impact of economic growth target setting and promoting the optimal development of the manufacturing industry.
regional economic growth targetsupgrading of manufacturing struc-turerationalization of manufacturing structureinvestment structuretechnological innovationfactor market development
万方数据
维普
