Impact of manufacturing servitization on total factor productivity under global trade openness
This paper examines the impact of manufacturing servitization, service trade openness, and their interaction on the total factor productivity (TFP) of the manufacturing industry. Using panel data covering 43 economies, the study finds that higher levels of manufacturing servitization and service tra...
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| Veröffentlicht in: | Review of development economics 2024-08, Vol.28 (3), p.904-928 |
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| creator | Wang, Hongsen Fang, Shuanxi Guo, Qing Meng, Bo |
| description | This paper examines the impact of manufacturing servitization, service trade openness, and their interaction on the total factor productivity (TFP) of the manufacturing industry. Using panel data covering 43 economies, the study finds that higher levels of manufacturing servitization and service trade openness lead to higher TFP in the manufacturing industry. In addition, the positive impact of manufacturing servitization on TFP is greater in economies with higher levels of service trade openness. The study also shows that trade creation and research and development innovation mediate the relationship between manufacturing servitization, service trade openness, and TFP. Finally, the paper finds that the positive impact of manufacturing servitization, service trade openness, and their interaction on TFP is greater in developing countries and in low‐ and high‐TFP manufacturing industries. This research contributes to understanding the intricate relationship between manufacturing servitization, service trade openness, and manufacturing TFP. |
| doi_str_mv | 10.1111/rode.13087 |
| format | Article |
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Using panel data covering 43 economies, the study finds that higher levels of manufacturing servitization and service trade openness lead to higher TFP in the manufacturing industry. In addition, the positive impact of manufacturing servitization on TFP is greater in economies with higher levels of service trade openness. The study also shows that trade creation and research and development innovation mediate the relationship between manufacturing servitization, service trade openness, and TFP. Finally, the paper finds that the positive impact of manufacturing servitization, service trade openness, and their interaction on TFP is greater in developing countries and in low‐ and high‐TFP manufacturing industries. 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Using panel data covering 43 economies, the study finds that higher levels of manufacturing servitization and service trade openness lead to higher TFP in the manufacturing industry. In addition, the positive impact of manufacturing servitization on TFP is greater in economies with higher levels of service trade openness. The study also shows that trade creation and research and development innovation mediate the relationship between manufacturing servitization, service trade openness, and TFP. Finally, the paper finds that the positive impact of manufacturing servitization, service trade openness, and their interaction on TFP is greater in developing countries and in low‐ and high‐TFP manufacturing industries. This research contributes to understanding the intricate relationship between manufacturing servitization, service trade openness, and manufacturing TFP.</description><subject>Developing countries</subject><subject>Innovations</subject><subject>LDCs</subject><subject>Manufacturing</subject><subject>manufacturing servitization</subject><subject>manufacturing total factor productivity</subject><subject>Openness</subject><subject>Panel data</subject><subject>Productivity</subject><subject>R&D</subject><subject>Research & development</subject><subject>service trade openness</subject><issn>1363-6669</issn><issn>1467-9361</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2024</creationdate><recordtype>article</recordtype><recordid>eNp90E9LwzAYBvAiCs7pxU8Q8CZ0Jk2bpEeZ_waDgejVkKZvR0aX1KRV5qc3tYI3QyDv4cfzhidJLglekHhuvKthQSgW_CiZkZzxtKSMHMeZMpoyxsrT5CyEHca4JKSYJW-rfad0j1yD9soOTZwHb-wWBfAfpjdfqjfOonh716sWjcB51MVFg-5NJAc02Bo82rauiqD3qgbkOrAWQjhPThrVBrj4fefJ68P9y_IpXW8eV8vbdappgXlKMBSqUCCgKgvKeVPnOIMaOMvysq4E0VVVCp1luNKYAakEJ0qLEecMFKHz5GrKjR97HyD0cucGb-NKSTHPM8yznEV1PSntXQgeGtl5s1f-IAmWY39y7E_-9BcxmjBoZ034o6IUhGEsskjIRD5NC4d_wuTz5u5-iv0Gzoh-9Q</recordid><startdate>202408</startdate><enddate>202408</enddate><creator>Wang, Hongsen</creator><creator>Fang, Shuanxi</creator><creator>Guo, Qing</creator><creator>Meng, Bo</creator><general>Blackwell Publishing Ltd</general><scope>OQ6</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope><orcidid>https://orcid.org/0000-0003-1179-5390</orcidid><orcidid>https://orcid.org/0000-0002-8328-4410</orcidid></search><sort><creationdate>202408</creationdate><title>Impact of manufacturing servitization on total factor productivity under global trade openness</title><author>Wang, Hongsen ; Fang, Shuanxi ; Guo, Qing ; Meng, Bo</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c3507-10e5a5ae8eb95377fd402ede76249db81cbb98c220bc06e1b871ac8b95346ea13</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2024</creationdate><topic>Developing countries</topic><topic>Innovations</topic><topic>LDCs</topic><topic>Manufacturing</topic><topic>manufacturing servitization</topic><topic>manufacturing total factor productivity</topic><topic>Openness</topic><topic>Panel data</topic><topic>Productivity</topic><topic>R&D</topic><topic>Research & development</topic><topic>service trade openness</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Wang, Hongsen</creatorcontrib><creatorcontrib>Fang, Shuanxi</creatorcontrib><creatorcontrib>Guo, Qing</creatorcontrib><creatorcontrib>Meng, Bo</creatorcontrib><collection>ECONIS</collection><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Review of development economics</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Wang, Hongsen</au><au>Fang, Shuanxi</au><au>Guo, Qing</au><au>Meng, Bo</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Impact of manufacturing servitization on total factor productivity under global trade openness</atitle><jtitle>Review of development economics</jtitle><date>2024-08</date><risdate>2024</risdate><volume>28</volume><issue>3</issue><spage>904</spage><epage>928</epage><pages>904-928</pages><issn>1363-6669</issn><eissn>1467-9361</eissn><abstract>This paper examines the impact of manufacturing servitization, service trade openness, and their interaction on the total factor productivity (TFP) of the manufacturing industry. Using panel data covering 43 economies, the study finds that higher levels of manufacturing servitization and service trade openness lead to higher TFP in the manufacturing industry. In addition, the positive impact of manufacturing servitization on TFP is greater in economies with higher levels of service trade openness. The study also shows that trade creation and research and development innovation mediate the relationship between manufacturing servitization, service trade openness, and TFP. Finally, the paper finds that the positive impact of manufacturing servitization, service trade openness, and their interaction on TFP is greater in developing countries and in low‐ and high‐TFP manufacturing industries. This research contributes to understanding the intricate relationship between manufacturing servitization, service trade openness, and manufacturing TFP.</abstract><cop>Oxford</cop><pub>Blackwell Publishing Ltd</pub><doi>10.1111/rode.13087</doi><tpages>25</tpages><orcidid>https://orcid.org/0000-0003-1179-5390</orcidid><orcidid>https://orcid.org/0000-0002-8328-4410</orcidid></addata></record> |
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| ispartof | Review of development economics, 2024-08, Vol.28 (3), p.904-928 |
| issn | 1363-6669 1467-9361 |
| language | eng |
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| source | Wiley Journals |
| subjects | Developing countries Innovations LDCs Manufacturing manufacturing servitization manufacturing total factor productivity Openness Panel data Productivity R&D Research & development service trade openness |
| title | Impact of manufacturing servitization on total factor productivity under global trade openness |
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