Research on the Impact of Domestic and Foreign Market Demands on Total Factor Productivity of Strategic Emerging Industries under the New Development Pattern
In the context of building the new development pattern,this paper comprehensively uses the data of listed companies and provinces from 2016-2022 to calculate the total factor productivity(TFP)of strategic emerging industries and the comprehensive index of internal and external demands,and systematically examines the impact and its mechanism of market demand on strategic emerging industries,then further discusses the influence of the same frequency resonance and coordinated development of domestic and foreign markets.The study found that,in general,domestic and foreign market demands play a significant role in promoting the TFP of strategic emerging industries,and the influence of domestic demand is significantly greater than external demand.This effect is mainly achieved through industrial technology innovation and industrial structure optimization.This conclusion is still valid after robustness check.Moreover,the level of coupling coordination in internal and external market demands has continued to improve,from barely balanced to primary coordination,indicating that the two market demands will definitely reach the same frequency of resonance and harmonious coexistence in the future;the interaction between the internal and external demands are conducive to promoting strategic emerging industries to improve the TFP.The research shows that during the"14th Five-Year Plan"period,China's strategic emerging industries must vigorously develop the domestic market and adhere to the biased development strategy of"focusing on internal marketand supported by external market",while adhering to the principle of appropriate development and coordinating the development of the domestic and international markets.
new development patternstrategic emerging industriescomprehensive index of internal demandcomprehensive index of external demand
维普
万方数据
