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28 June 2024, Volume 04 Issue 02
    

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  • Evaluation Framework of New Quality Productive Forces and Its Application: Based on the Connotations of New Quality Productive Forces
    Huang Ying Yang Yupu Sun Saqian
    The Applied Economics Review. 2024, 04(02): 3.
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    New quality productive forces are important tools to promote high-quality development and realize Chinese-style modernization. In order to comprehensively measure the current status of the development of new quality productive forces, we formulate a  comprehensive evaluation framework based on the connotations of the new quality productive forces. Then we apply it to  construct an indicator evaluation system consisting of 4 first -level indicators, 14 second-level indicators, and 38 third-level  indicators. By compiling survey data, listed company data, official documents and other official statistical data, we evaluate the  current status of the development of new quality productive forces of 279 prefecture-level cities. The results reveal the main characteristics and shortcomings of different cities and regions, and help us propose specific policies to speed up the  development of new quality productive forces.
  • Driving Force, Carrier, and Safeguards for the Development of New Quality Productive Forces in the Digital Economy
    Shi Bo Guo Siqi
    The Applied Economics Review. 2024, 04(02): 56.
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    Developing new quality productive forces is one of the most important paths to promote high-quality economic development. The development of new quality productive forces requires scientific and technological innovation as the core driving force, talent cultivation as the key support, and scientific policy arrangements as an essential guarantee. Under the impact of the global digital economy, there have been several challenges to the rapid development of digital technology.  These include the privacy and security of data, impacts on employment structures, the digital divide, and intensified global competition. These challenges require new steps to cultivate new quality productive forces in the digital economy. Firstly, it is necessary to improve the independent innovation system, promote innovation in science, and develop new production relations. These steps are intended to promote original and disruptive technological innovations and to give full play to the role of scientific and technological innovation as the core driving force for the cultivation of new productive forces. Secondly, it is necessary to promote innovation in the educational system and in human capital, in order to match new types of workers with digital intelligence, and to give full play to the key supporting role of talent in cultivating the new quality productive forces. Finally, it is necessary to continue to deepen reform, innovate the distribution system, promote high - level opening to the outside world, deal with the relationship between the government and the market, stimulate the vitality of factors, and enhance China's position in the global industrial chain and value chain. These efforts are expected to harness the role of policy as an important safeguard in fostering the new quality productive forces.
  • The Mechanism and Path of New Energy System in the Formation of Digital New Productivity
    Ren Baoping Li Jingyu
    The Applied Economics Review. 2024, 04(02): 72.
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    The development of “new productivity” is a requirement for high-quality development. As the digital embodiment of new productivity, digital new productivity is profoundly affecting the construction of China’s new energy system. In the process of the formation of new digital productivity, the construction of a new energy system follows strict theoretical logic, historical logic, and realistic logic. Under the influence of the powerful innovative driving force contained in the digital new productivity, China has witnessed a new energy system construction framework with a new energy structure, a new configuration system, new business models and new guarantees means as the main content has been formed. At the present stage, the digital new quality productivity can play a role in promoting low-carbon production and consumption,  incentivizing efficient allocation methods, developing new digital technologies, and innovating intelligent monitoring methods. These forces are expected to drive the green transformation and development of energy, improve the utilization efficiency of energy resources, enhance the resilience of the whole energy industry chain, and accelerate the construction of the energy management system. Therefore, based on the key historical nodes of the superposition of the new round of energy revolution and the scientific and technological revolution, it is necessary to accelerate the innovation of energy science and technology; expand the scope of application digital technology in the energy field; optimize the energy market structure and promote the coordinated development of the energy supply side and demand side; improve the quality of energy talent; cultivate the application-oriented talent team of ‘digital+energy’ ; adhere to the red line of energy security and build a multi-energy system with high self-sufficiency and high independence.

  • “Two Wheels” Driving the Development of Green Productive Forces
    Shen Manhong
    The Applied Economics Review. 2024, 04(02): 90.
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    New quality productive forces contribute to the transformation and upgrading of traditional productive forces, while green productive forces promote the transformation and upgrading of traditional productive forces. Green productive forces are integral to the new quality productive forces, and there are commonalities and differences between new quality productive forces and green productive forces. To advance the development of green productive forces, it is necessary to adhere to the “two-wheel” driving mechanism of green scientific and technological innovation and green institutional innovation. Only by advancing green scientific and technological innovation can the issue of “diseconomies of ecology” be solved and “ effective and ecological” outcomes be realized. It is imperative that green scientific and technological innovation should attach a high priority to market mechanisms in the allocation of scientific and technological resources, while adhering to problem orientation, demand orientation, and international orientation to develop green productive forces. It is also imperative that obstacles to the development of productive forces should be removed and relations of production should be transformed. Suggestions include comprehensively efforts to establish a natural resource productivity forerunner system, deepen the market - oriented reform of environmental factors, and promote the reform and improvement of green fiscal policies.
  • Accelerating the Development of New Quality Productive Forces in the Process of High-quality Development from the Perspective of “Points, Lines, and Surfaces” 
    Wang Feng Zhang Qiongzhen
    The Applied Economics Review. 2024, 04(02): 104.
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    At present, China's economy has shifted from a stage of rapid growth to a stage of high-quality development, and high - quality development has become the primary task of building a modern socialist country in the new era. To promote high-quality development, we must take the road of developing new quality productive forces. The new quality productive forces mean advanced productivity, a leading role for innovation, has the characteristics of high technology, high efficiency, and high quality, as well as conformity with the new development philosophy. The basis of the new quality productive forces is scientific and technological innovation. It is necessary to take original and disruptive scientific and technological innovation as the starting point, to ignite the power engine of new productive forces, and to achieve multiple breakthroughs in new quality productive forces. The modern industrial system is the material carrier of the new quality productive forces. To achieve the high-quality improvement and large-scale expansion of the new quality productive forces, it is necessary to take the transformation and upgrading of the industrial system as the main line, lead industrial innovation through scientific and technological innovation, promote the diffusion of the new quality productive forces from point to line. New technologies generate new quality productive forces, trigger new techno-economic paradigms to replace old techno -economic paradigms,accelerate the penetration of new quality productive forces into all fields of the economy, and lead a new round of economic growth. It is necessary to actively respond to the requirements of new techno-economic paradigms, promote the implementation of a new round of techno-economic paradigms, and accelerate the formation of a new situation in which new quality productive forces dominate all social and economic fields.
  • Factors and Core Indicators of New Quality Productive Forces: Theoretical Explanation and Practical Experience
    Gong Binlei Dai Shouhan
    The Applied Economics Review. 2024, 04(02): 119.
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    The central leadership has pointsed out that revolutionary technological breakthroughs,innovative allocation of production factors, and deep industrial transformation and upgrading are the three major factors for new quality productive forces, and that a significant increase in total factor productivity is the core indicator. Based on economic growth theory and the growth accounting model, this paper systematically elucidates the relationship between new quality productive forces and high-quality development, as well as how the three major factors achieve a substantial increase in total factor productivity. On this basis, using the shale revolution and energy storage revolution in the energy industry as examples, this paper reveals how the three factors jointly foster new quality productive forces and, through downstream transmission along the industrial chain, promote a significant increase in total factor productivity across society.
  • Dynamic Evolution of Industrial Total Factor Productivity in China: An Analysis Using the KLEMS Framework and a Time-series Input-output Database
    Zhang Hongxia Wang Libo Deng Ying
    The Applied Economics Review. 2024, 04(02): 138.
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    Measuring total factor productivity (TFP) at the industry level is helpful to clarify thedriving force of China's economic growth, in order to determine the focus of cultivating new quality productivity. Based on the KLEMS growth accounting framework and a self-constructed sequential input-output database, this paper measures the TFP of different industries in China and analyzes their dynamic evolution, focusing on the impact of strategic emerging industries anddigital inputs. Industries are divided into strategic emerging industries and traditional industries, and capital is divided into digital capital and non-digital capital. The results are as follows. First, in the long run, the average TFP growth rate of strategic emerging industries is higher than that of traditional industries – which promotes output growth – and the digital capital instrategic emerging industries has a positive correlation with TFP. Second, on average, digital input into traditional industries grows slowly and contributes little to their output growth, while their digital capital stock is negatively correlated with the level of TFP. Third, the decomposition results show that the strategic emerging industries are the leading force in the increase of overall TFP; while agriculture plays a role, service industries and traditional industries do not contribute much to the increase of overall TFP. Fourth, fr om the perspective of inter-industry resource allocation, the reallocation of digital capital and labor has a considerable effect in promoting overall TFP growth.
  • Measurement and Comparison of Urban Total Factor Productivity from a Global Perspective
    Lyu Yifei Wang Shan Zhou Yi
    The Applied Economics Review. 2024, 04(02): 179.
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    It is crucial to scientifically assess the quality of economic development in each city in the process of developing and cultivating new quality productive forces. Based on a global perspective, this paper adopts the Solow residual method under the assumption of variable output elasticities to measure total factor productivity at the city level in China; compares this with major cities in developed countries for the first time; and carries out a convergence analysis on this basis. The results show that the median growth rate of total factor productivity in China's cities is positive in most years, while the total factor productivity of major foreign cities shows obvious negative growth. The economic development level of China��s first -and second -tier cities has been moving closer to that of internationally developed cities, while the growth rate of total factor productivity has not declined significantly. By region, the total factor productivity growth rate of China��s eastern cities is higher than that of western and central cities. The total factor productivity growth rate of first-and second-tier cities is higher than that of other cities. The total factor productivity growth rates of cities domestically and abroad, as well as those within different regions of China, all show a converging trend. The rate of convergence is faster for cities in the eastern and central China than for cities in western China.
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