Innovation factor double circulation: Cross-border mobility and the manufacturing industry’s total factor productivity
<h4>Objectives</h4> The improvement of the manufacturing industry’s total factor productivity depends not only on innovation factor double circulation, but also on cross-border mobility to a large extent. <h4>Methodology</h4> This paper constructs a model that demonstrates th...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Public Library of Science (PLoS)
2023-01-01
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| Series: | PLoS ONE |
| Online Access: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10132532/?tool=EBI |
| _version_ | 1797836841595961344 |
|---|---|
| author | Wei Song Jing He |
| author_facet | Wei Song Jing He |
| author_sort | Wei Song |
| collection | DOAJ |
| description | <h4>Objectives</h4> The improvement of the manufacturing industry’s total factor productivity depends not only on innovation factor double circulation, but also on cross-border mobility to a large extent. <h4>Methodology</h4> This paper constructs a model that demonstrates the impact of innovation factor double circulation and cross-border flow on the manufacturing industry’s total factor productivity, and it seeks to estimate this impact by using panel data from China’s manufacturing industry taken from the period 2009–2020. <h4>Findings</h4> It finds the path dependence of innovation factors significantly increased their double circulation cost, and did not significantly improve the manufacturing industry’s total factor productivity. <h4>Conclusion</h4> It finds the path dependence of innovation factors significantly increased their double circulation cost, and did not significantly improve the manufacturing industry’s total factor productivity. Cross-border flow improves the marginal efficiency of innovation factors, realizes the spatial agglomeration of high-end innovation factors and greatly promotes the double circulation of innovation factors in a way that effectively improves the manufacturing industry’s total factor productivity. <h4>Implications</h4> These conclusions have profound policy implications: cross-border flows can promote the incremental adjustment of innovation factors; fully release the development potential and toughness of the dual circulation of innovation factors; and are essentially conducive to improving the manufacturing industry’s total factor productivity. |
| first_indexed | 2024-04-09T15:15:23Z |
| format | Article |
| id | doaj.art-c2101864e0854539929f8fabb88b49b4 |
| institution | Directory Open Access Journal |
| issn | 1932-6203 |
| language | English |
| last_indexed | 2024-04-09T15:15:23Z |
| publishDate | 2023-01-01 |
| publisher | Public Library of Science (PLoS) |
| record_format | Article |
| series | PLoS ONE |
| spelling | doaj.art-c2101864e0854539929f8fabb88b49b42023-04-30T05:31:23ZengPublic Library of Science (PLoS)PLoS ONE1932-62032023-01-01184Innovation factor double circulation: Cross-border mobility and the manufacturing industry’s total factor productivityWei SongJing He<h4>Objectives</h4> The improvement of the manufacturing industry’s total factor productivity depends not only on innovation factor double circulation, but also on cross-border mobility to a large extent. <h4>Methodology</h4> This paper constructs a model that demonstrates the impact of innovation factor double circulation and cross-border flow on the manufacturing industry’s total factor productivity, and it seeks to estimate this impact by using panel data from China’s manufacturing industry taken from the period 2009–2020. <h4>Findings</h4> It finds the path dependence of innovation factors significantly increased their double circulation cost, and did not significantly improve the manufacturing industry’s total factor productivity. <h4>Conclusion</h4> It finds the path dependence of innovation factors significantly increased their double circulation cost, and did not significantly improve the manufacturing industry’s total factor productivity. Cross-border flow improves the marginal efficiency of innovation factors, realizes the spatial agglomeration of high-end innovation factors and greatly promotes the double circulation of innovation factors in a way that effectively improves the manufacturing industry’s total factor productivity. <h4>Implications</h4> These conclusions have profound policy implications: cross-border flows can promote the incremental adjustment of innovation factors; fully release the development potential and toughness of the dual circulation of innovation factors; and are essentially conducive to improving the manufacturing industry’s total factor productivity.https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10132532/?tool=EBI |
| spellingShingle | Wei Song Jing He Innovation factor double circulation: Cross-border mobility and the manufacturing industry’s total factor productivity PLoS ONE |
| title | Innovation factor double circulation: Cross-border mobility and the manufacturing industry’s total factor productivity |
| title_full | Innovation factor double circulation: Cross-border mobility and the manufacturing industry’s total factor productivity |
| title_fullStr | Innovation factor double circulation: Cross-border mobility and the manufacturing industry’s total factor productivity |
| title_full_unstemmed | Innovation factor double circulation: Cross-border mobility and the manufacturing industry’s total factor productivity |
| title_short | Innovation factor double circulation: Cross-border mobility and the manufacturing industry’s total factor productivity |
| title_sort | innovation factor double circulation cross border mobility and the manufacturing industry s total factor productivity |
| url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10132532/?tool=EBI |
| work_keys_str_mv | AT weisong innovationfactordoublecirculationcrossbordermobilityandthemanufacturingindustrystotalfactorproductivity AT jinghe innovationfactordoublecirculationcrossbordermobilityandthemanufacturingindustrystotalfactorproductivity |