Theoretical Logic and Empirical Facts of Consumption Structure Upgrade and Domestic Value Chain Circulation under the New Development Pattern

Abstract: Under the new development pattern, this paper explores the characteristic tendencies and intergenerational changes of consumption structure upgrade (CSU) as well as the theoretical logic and empirical paradigm affecting the domestic value chain circulation. This paper constructs a region-industry decomposition framework for domestic value chain circulation based on backward demand to explore the impact of CSU on domestic value chain circulation. The results show that: first, CSU can optimize the structure of domestic value chain circulation and strengthen inter-regional value chain linkage; second, CSU promotes domestic value chain circulation through innovation drive, resource optimization and industrial coupling; finally, the domestic value chain circulation effect caused by CSU may be constrained by market segmentation, and accelerating regional economic integration across a country can help build up the main position of domestic value chain.

Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource
Language
Englisch

Bibliographic citation
Theoretical Logic and Empirical Facts of Consumption Structure Upgrade and Domestic Value Chain Circulation under the New Development Pattern ; volume:11 ; number:3 ; year:2023 ; pages:3-22 ; extent:20
China finance and economic review ; 11, Heft 3 (2023), 3-22 (gesamt 20)

Creator
Liu, Bin
Li, Chuanchuan
Li, Qiujing

DOI
10.1515/cfer-2022-0014
URN
urn:nbn:de:101:1-2023021113032210018791
Rights
Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
14.08.2025, 10:54 AM CEST

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Associated

  • Liu, Bin
  • Li, Chuanchuan
  • Li, Qiujing

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