Theoretical Mechanisms and Empirical Research on How the Construction of a Unified National Market Facilitates the Formation of New Quality Productive Forces
Theoretical Mechanisms and Empirical Research on How the Construction of a Unified National Market Facilitates the Formation of New Quality Productive Forces
WANG Siwen
School of International Economics and Trade, Lanzhou University of Finance and Economics, Lanzhou 730020, China
Abstract Based on data of Chinese listed companies from 2013 to 2020, this study examines the theoretical logic and mechanism through which the development of a unified national market fosters the formation of new quality productive forces. The empirical findings are as follows. First, the construction of a unified national market significantly facilitates the formation of new quality productive forces, a conclusion that remains robust across multiple robustness tests. Second, accelerating the construction of a unified national market more effectively drives the formation of new quality productive forces through enhanced resource allocation efficiency, transformation of innovation achievements and deep industrial transformation. Third, heterogeneity analysis indicates that the effect varies across industries and regions. The unified national market more significantly promotes new quality productive forces in capital-intensive industries and the eastern region, whereas it exhibits an inhibitory effect in technology-intensive industries and the central region. The above conclusions provide policy support for China in accelerating the construction of a unified national market and fostering new quality productive forces based on local conditions.
WANG Siwen. Theoretical Mechanisms and Empirical Research on How the Construction of a Unified National Market Facilitates the Formation of New Quality Productive Forces. Economic Survey, 2026, 43(2): 032.