• ISSN: 2301-3567 (Print), 2972-3981 (Online)
    • Abbreviated Title: J. Econ. Bus. Manag.
    • Frequency: Quarterly
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Fiona Chu
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HOME > Archive > 2024 > Volume 12 Number 3 (2024) >
JOEBM 2024 Vol.12(3): 312-317
DOI: 10.18178/joebm.2024.12.3.814

New Quality Productivity Enabling High Quality Economic Development

Zhang Haohan
School of Economics, Nanjing Audit University, Nanjing, China
Email: zhh1999nau@163.com (Z.H.H.)

Manuscript received July 19, 2024; revised July 30, 2024; accepted August 13, 2024; published September 11, 2024.

Abstract—New quality productivity is a new type of productivity in line with China’s new development concept, it breaks away from traditional low-efficiency, high-consumption production processes, characterized by high efficiency and high quality, driving economic development. This study analyses the impact of new quality productivity on high-quality economic development from the theoretical level, and empirically analyses the impact of new quality productivity on high-quality economic development based on panel data from 31 provinces in China from 2010 to 2022. The study finds that new quality productivity significantly promotes high-quality economic development, which is validated by robustness tests. New quality productivity empowers high-quality economic development through enhancing labor productivity. Heterogeneity analysis indicates that the promotion effect of new quality productivity is more pronounced in the western regions. This suggests that local governments should strengthen measures to promote the development of new quality productivity in the western regions, thereby achieving high-quality economic development.

Keywords—new quality productivity, high-quality development, labor productivity

Cite: Zhang Haohan, "New Quality Productivity Enabling High Quality Economic Development," Journal of Economics, Business and Management, vol. 12, no. 3, pp. 312-317, 2024.

Copyright © 2024 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

 

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