Research on the Influence Mechanism of New-Quality Productive Forces on High-Quality Full Employment

Abstract

As the core "dual engines" driving high-quality economic development, new-quality productive forces and high-quality full employment are of great theoretical and practical significance for advancing the national high-quality development strategy, and the study on their influence mechanism is particularly important. Based on this, this paper takes the panel data of 31 provinces in China from 2016 to 2023 as the research sample and constructs a systematic empirical analysis framework: first, the Criteria Importance Though Intercriteria Correlation (CRITIC) method is adopted to measure the new-quality productive forces index and high-quality full employment index from the perspective of a multi-dimensional indicator system, so as to ensure the objectivity and scientificity of the measurement results; second, on the basis of selecting control variables, a two-way fixed effects model is used to empirically test the influence mechanism of new-quality productive forces on high-quality full employment, endogeneity treatment is conducted through the instrumental variable method, and robustness tests are carried out by replacing core explanatory variables and adjusting the sample interval to ensure the reliability of the research conclusions; finally, combined with the realistic background of unbalanced development between eastern and western China, a regional heterogeneity analysis is carried out to reveal the regional difference characteristics of the influence mechanism. The empirical results show that: first, new-quality productive forces have a significant positive driving effect on high-quality full employment, and they are the key driving force for expanding employment scale, optimizing employment structure and improving employment quality; second, this driving effect has obvious regional heterogeneity- in the eastern region with a more solid economic foundation and more concentrated innovative factors, the employment-driven efficiency of new-quality productive forces is significantly higher than that in the central and western regions; third, sudden events represented by the COVID-19 pandemic in 2019 have not had a subversive impact on the core influence mechanism between new-quality productive forces and high-quality full employment. Based on the above conclusions, this paper provides targeted policy suggestions for relevant departments from the dimensions of differentiated regional development strategies and employment policy coordination.