A study of the impact of intermediate input imports on the employment of vulnerable groups
Clarifying the impact mechanism of intermediate input imports on the employment of vulnerable groups has important reference value for China to formulate policies to reduce the dependence on the import of intermediate inputs and protect the employment of vulnerable groups. Based on the data from ADB and World Bank,this paper takes advantage of OLS,2SLS and simultaneous equation to analyze the mechanism and channel of the import of intermediate inputs on the employment of vulnerable groups,and further analyzes the income gap effect of imports of intermediate inputs. Three major conclusions are drawn. First,the import of intermediate inputs will inhibit the increase in the employment rate of vulnerable groups,which is not conducive to the improvement of the welfare of vulnerable groups. This also confirms the scientificity and necessity of the independent controllable strategy of key core links in the industrial chain and the strategy of self-reliance and self-improvement in science and technology. Second,the import of intermediate inputs will inhibit the increase in the employment rate of vulnerable groups through two potential channels:the technological bias of the economy and the efficiency of factor resource allocation. The essential reason for the establishment of the above role channels is that the skill levels of vulnerable groups are relatively weak. To this end,the skill level of vulnerable groups should be greatly improved. Finally,the import of intermediate inputs will expand the Gini coefficient of the economy's income,which increases the income share of the high-income group and decreases the income share of the low-income group. To sum up,China's development goal of achieving common prosperity,the independent controllable strategy of key core links in the industrial chain,and the Chinese path to modernization strategy have significant mutual promotion functions in terms of economic logic.
import of intermediate inputsvulnerable groupsemploymentincome gapinhibition effecttechnological biasfactor resource allocation