China's Producer Services: Growth, Structural Changes, and Effects

Abstract

Producer services, which are used as intermediate inputs for the production of other goods or services, have important economic functions and implications. However, it is difficult to identify producer services from the already existing service sector classification. So, in order to overcome the analytical obstacles, and according to the intrinsic sense of producer services, but not from the perspective of specific service sectors, this paper employs the input-output method to conduct an empirical study of the growth and structural changes of China's producer services as well as their influences on China's economy and industries. Some conclusions and policy implications are drawn