Research on Impact of Productive Services in Anhui Province

The productive service industry has significantly promoted the optimization of industrial structure and economic growth. Based on the time series data of Anhui province from 1989 to 2018, the grey relation analysis was used to screen out the influential factors that are closely related to the productive service industry, and then the VAR model, impulse response function and variance decomposition were used to make an empirical analysis on the relationship between the main influencing factors and the development of producer services in Anhui province. The results show that the level of economic development, the level of innovation and the degree of industrial integration are the key factors affecting the development of productive services in Anhui province. The level of innovation has an obvious promoting effect on productive services in Anhui province, and its contribution to productive services is greater than the degree of industrial integration and the level of economic development. The effect of economic development level on productive services in Anhui province is relatively weak. The degree of industrial integration promotes the development of producer services in Anhui province.