Title: Research on influence of producer services to competitiveness of equipment manufacturing industry
Abstract: Based on the time series data of producer services and equipment manufacturing industry in Liaoning Province from 1998 to 2010,it is found that the overall competitiveness of equipment manufacturing industry in Liaoning Province shows the trend of increasing year by year through applying factor analysis. Unit root test,co-integration test and Granger causality test are accomplished on the value added of producer services and the competitiveness of equipment manufacturing industry. Conclusions are that there is a stable long-term equilibrium relationship between producer services and equipment manufacturing industry in Liaoning Province; in short terms,the former affects the latter more significantly,while the latter dos not affect the former significantly; while in long terms,interactive development relationship exists between them.
Publication Year: 2014
Publication Date: 2014-01-01
Language: en
Type: article
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