Impact of industrial agglomeration on total factor productivity in the construction industry: evidence from China

IF 3 Q2 BUSINESS Construction Management and Economics Pub Date : 2022-12-19 DOI:10.1080/01446193.2022.2156570

Yousong Wang, Yao Yao, Yangbing Zhang, Boya Su, Tongyuan Wu

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Abstract

Abstract Industrial agglomeration (IA), a common industrial phenomenon, has been verified to have a significant impact on total factor productivity (TFP) in many industries. However, the impact of IA on TFP is seldom investigated in the construction industry, despite the existence of the industrial agglomeration phenomenon in the construction industry. As such, this study aims to probe into the impact of IA on TFP in the construction industry, so as to provide new insights into the industry development and improvement of TFP in the construction industry. Based on the competing results of the agglomeration effect and congestion effect caused by IA, this study proposed three hypotheses on the impact mechanism of IA on TFP in the construction industry. Then, the non-linear regression model and linear regression model were developed to test the hypotheses based on the provincial panel data from 2002 to 2017 in China. The empirical results reveal that IA has a positive linear impact on TFP in the construction industry, and the impact of IA on TFP in the Chinese construction industry during the observed period is in the embryonic stage. Besides, both the firm scale and economic development level have positive impacts on TFP, whereas the specialization structure has a negative impact. Hence, the government can encourage industrial agglomeration in the construction industry to enhance TFP, in order to leverage the knowledge spillovers, labor pool, and other benefits from IA.

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产业集聚对建筑业全要素生产率的影响:来自中国的证据

产业集聚是一种普遍的产业现象，在许多产业中对全要素生产率(TFP)都有显著的影响。然而，建筑业虽然存在产业集聚现象，但IA对TFP的影响研究却很少。因此，本研究旨在探讨IA对建筑业TFP的影响，为建筑业TFP的行业发展和提升提供新的见解。基于IA对建筑业集聚效应和拥堵效应的竞争结果，本文提出了IA对建筑业TFP影响机制的三种假设。然后，基于2002 - 2017年中国各省面板数据，建立非线性回归模型和线性回归模型对假设进行检验。实证结果表明，内部投资对建筑业TFP具有正向的线性影响，在观察期内，内部投资对中国建筑业TFP的影响处于萌芽阶段。企业规模和经济发展水平对全要素生产率均有正向影响，专业化结构对全要素生产率有负向影响。因此，政府可以鼓励建筑业的产业集聚，以提高全要素生产率，从而利用工业投资带来的知识溢出、劳动力储备和其他好处。

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来源期刊

Construction Management and Economics BUSINESS-

CiteScore

7.50

自引率

14.70%

发文量

期刊介绍： Construction Management and Economics publishes high-quality original research concerning the management and economics of activity in the construction industry. Our concern is the production of the built environment. We seek to extend the concept of construction beyond on-site production to include a wide range of value-adding activities and involving coalitions of multiple actors, including clients and users, that evolve over time. We embrace the entire range of construction services provided by the architecture/engineering/construction sector, including design, procurement and through-life management. We welcome papers that demonstrate how the range of diverse academic and professional disciplines enable robust and novel theoretical, methodological and/or empirical insights into the world of construction. Ultimately, our aim is to inform and advance academic debates in the various disciplines that converge on the construction sector as a topic of research. While we expect papers to have strong theoretical positioning, we also seek contributions that offer critical, reflexive accounts on practice. Construction Management & Economics now publishes the following article types: -Research Papers -Notes - offering a comment on a previously published paper or report a new idea, empirical finding or approach. -Book Reviews -Letters - terse, scholarly comments on any aspect of interest to our readership. Commentaries -Obituaries - welcome in relation to significant figures in our field.