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Empirical Test on the intermediary effect of Producer Services Agglomeration Affecting Manufacturing Efficiency: Based on Innovation Ability

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DOI: 10.38007/Proceedings.0000513

Author(s)

Jingwen Li

Corresponding Author

Jingwen Li

Abstract

Both academia and practice believe that the knowledge spillover effect of industrial agglomeration can effectively promote industrial efficiency, especially the spatial agglomeration of knowledge-intensive industries can play an important role in the economic development of its surrounding areas and industrial upgrading of related industries. On this basis, this paper focuses on the intermediary path between the agglomeration of producer services and the efficiency of manufacturing industry. Using the data from the year of 2006 to 2015, and the method of Wen Zhonglin's intermediary effect test[1], this paper verifies the intermediary effect of innovation capabilities in the process of the agglomeration of producer services effects manufacturing efficiency. The results show that the innovation capabilities has an incomplete intermediary effect on the relationship between the agglomeration of producer services and manufacturing efficiency. The intermediary effect of innovation ability accounts for 42.13% of the total effect. Moreover, the proportion ranking of intermediary effect of innovation ability in the four sub-producer services industries in order of size from low to high, except "leasing and business service industry", is "financial industry", "information industry", "science industry", "transportation industry". The proportion of intermediary effect of innovation ability is between 15% and 43%. It means that innovation ability plays an important role in transmitting the impact of producer services agglomeration on manufacturing efficiency.

Keywords

Intermediary Effect; Innovation Ability;Manufacturing Efficiency; Mediation Effect