Influence of Industrial Policy on High-quality Development of Manufacturing Enterprises
As an important means of national macro-control of industrial development,industrial policy plays an important role in the high-quality development of manufacturing enterprises.The green total factor productivity of manufacturing enterprises was measured by using the SBM-GML model,and the impact of industrial policy on the green total factor productivity of manufacturing enterprises and its role mechanism was empirically analyzed.The results of the study show that there is a significant inhibitory effect of industrial policy on the improvement of green total factor productivity of manufacturing enterprises.By increasing government subsidies and enterprise financing capacity,industrial policy expands the scale of enterprise investment and production,increases the consumption of energy,resources and the environment,and then inhibits enterprise green total factor productivity.Compared with technology-intensive industries,the green total factor productivity of enterprises in capital-intensive industries is more significantly affected by industrial policy.
industrial policyhigh-quality developmentgreen total factor productivity
万方数据
维普
