Employment Stablization Effects of the Integration of Manufacturing and Service Industries
Faced with the increasing uncertainty in the international environment and insufficient domestic demand,it becomes an important task to stablize employment in order to maintain economic stability.The article theoretically analyzes the impacts of the integretion of manufacturing and service industries on employment stabilization and its mechanisms.The research reveals the following results:(1)There is an inverted U-shaped relationship between the integration of manufacturing and service industries and the employment scale,and the integration also optimizes the employment structure.(2)In the enterprises employing an embedded integration model and the non-state-owned enterprises,the impact of the integration on employment scale shows a U-shaped pattern,while no significant impact is observed on the employment structure.However,in the knowledge and capital-intensive manufacturing enterprises,the integration has a significant impact on both the scale and the structure of employment.(3)The integration of manufacturing and service industries affects the employment scale nonlinearly via the total factor productivity and market share,and it also optimizes the employment structure by enhancing the application of digital technology and addressing labor force allocation distortions.(4)The integration of manufacturing and service industries can promote stable employment once a certain level of development is reached.Overall,the findings reveal the positive role of the integration of manufacturing and service industries in expanding employment opportunities,optimizing employment structure,and promoting stable employment.This study provides policy recommendations for promoting more comprehensive and high-quality employment.
The Integration of Manufacturing and Service IndustriesEmployment ScaleEmployment StructureEmployment Stabilization