Analysis of the Influencing Factors of High-Tech Service Industry Agglomeration on Manufacturing Upgrading Under Information Technology—Based on Two-Way Fixed Effect Model
- DOI
- 10.2991/978-94-6463-030-5_137How to use a DOI?
- Keywords
- High-Tech Service Industry Agglomeration; Manufacturing Upgrading; Two-Way Fixed Effect Model; Information Technology
- Abstract
With the rapid growth of 5G technology, Industrial Internet and other new generation of the information technology industry, greatly promote the development of high-tech services, thus accelerating the transformation and upgrading of the manufacturing industry. The paper uses panel data from 31 provinces in China from 2008 to 2019 to construct a comprehensive index of manufacturing upgrading by principal component analysis and empirically analyzes how the high-tech services industry agglomeration effects on manufacturing’s transformation and upgrading by using a two-way fixed-effect model. The results show that the agglomeration of high-tech service industries has a significant role in promoting the transformation and upgrading of the manufacturing industry, and the level of foreign direct investment, human capital and government participation play a role in promoting the transformation and upgrading of the manufacturing industry, while the level of economic development and fixed asset investment have a restraining effect on the transformation and upgrading of the manufacturing industry.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Dejun Song AU - Qianru Zhao PY - 2022 DA - 2022/12/20 TI - Analysis of the Influencing Factors of High-Tech Service Industry Agglomeration on Manufacturing Upgrading Under Information Technology—Based on Two-Way Fixed Effect Model BT - Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022) PB - Atlantis Press SP - 1376 EP - 1384 SN - 2589-4919 UR - https://doi.org/10.2991/978-94-6463-030-5_137 DO - 10.2991/978-94-6463-030-5_137 ID - Song2022 ER -