Dazhong Cheng, Peter W. DanielsPsN中山大学中国第三产业研究中心
What’s So Special about China’s Producer Services? An Input–output AnalysisPsN中山大学中国第三产业研究中心
China & World Economy / 103–120, Vol. 22, No. 1, 2014PsN中山大学中国第三产业研究中心

PsN中山大学中国第三产业研究中心
      Abstract: In the present study, five stylized facts about China’s producer services are established through international, intersectoral and intertemporal comparisons based on input –output tables. First, the overall service input ratio is the lowest in all the sample economies. Second, most producer services are supplied by the traditional labor-intensive sectors. Third, manufacturing is the biggest user of producer services, and service industry is the second, while the opposite is true for most of the other sample economies. Fourth, unlike other economies, China’s “R&D” is characterized more by consumer services than producer services. Fifth, China has fairly lower service input ratios in almost all the industries. The backward and forward linkages coefficients are both smaller for “real estate activities” and “finance and insurance.” Policy reform should focus not only on specific producer services but also on reducing obstacles that are inhibiting the balanced development of diverse producer services that will help China to optimize its economic structure.PsN中山大学中国第三产业研究中心

      Key words: Chinese economy, input–output analysis, producer servicesPsN中山大学中国第三产业研究中心
 PsN中山大学中国第三产业研究中心

 PsN中山大学中国第三产业研究中心

What’s So Special about China’s Producer Services Cheng_et_al-2014-China_&_World_Economy.pdf

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