Analysis of Regional Comparative Advantage and its Driving Factors of Manufacturing Industry: Based on the Panel Data of Manufacturing Industry in Chongqing

Changlin Wang, Tong Mu

2022

Abstract

Based on the revealed comparative advantage index, this paper constructs the industrial regional comparative advantage index, and constructs the econometric model of manufacturing industrial regional comparative advantage including labor, capital, and technological factors, etc. Based on the panel data analysis of Chongqing manufacturing industry and its sub-industry, it is concluded that labor factor contributes significantly to the regional comparative advantage of Chongqing manufacturing industry, while technical factor and capital factor have limited and insignificant effects. However, there are significant differences among labor factor, technical factor and capital factor in the driving force of regional comparative advantage in different industries. The difference of industries indicates that relying on labor factor to drive the regional comparative advantage of Chongqing manufacturing industry has diminishing marginal effect, so the improvement of regional comparative advantage must be realized by implementing innovation strategy based on technological progress.

Paper Citation

in Harvard Style

Wang C. and Mu T. (2022). Analysis of Regional Comparative Advantage and its Driving Factors of Manufacturing Industry: Based on the Panel Data of Manufacturing Industry in Chongqing. In Proceedings of the International Conference on Big Data Economy and Digital Management - Volume 1: BDEDM, ISBN 978-989-758-593-7, pages 695-701. DOI: 10.5220/0011231900003440

in Bibtex Style

@conference{bdedm22,
author={Changlin Wang and Tong Mu},
title={Analysis of Regional Comparative Advantage and its Driving Factors of Manufacturing Industry: Based on the Panel Data of Manufacturing Industry in Chongqing},
booktitle={Proceedings of the International Conference on Big Data Economy and Digital Management - Volume 1: BDEDM,},
year={2022},
pages={695-701},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011231900003440},
isbn={978-989-758-593-7},
}

in EndNote Style

TY - CONF

JO - Proceedings of the International Conference on Big Data Economy and Digital Management - Volume 1: BDEDM,
TI - Analysis of Regional Comparative Advantage and its Driving Factors of Manufacturing Industry: Based on the Panel Data of Manufacturing Industry in Chongqing
SN - 978-989-758-593-7
AU - Wang C.
AU - Mu T.
PY - 2022
SP - 695
EP - 701
DO - 10.5220/0011231900003440