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Abstract

The Modern information service industry plays an important role in the development of China’s national economy. In this chapter, from five aspects of the output effect, capital formation effect, technology progress effect, employment effect and industrial effect, an economic effect evaluation index system including 16 indicators is constructed. And taking Beijing as an example, economic effect evaluation is studied from 1995 to 2013 using factor analysis. The results show that the 3 common factors extracted—called technology factor, output factor, and capital factor by rotation—explains 87.775 % of the original variable information, in which the weight of the Technology factor is the largest at 0.789, and the effect on local economy continuously improves. Therefore, technological progress and employment effects should be paid more attention for modern information service industry in China.

The original version of the reference section in this book was revised: The surname of one of authors was changed from “Anderdassen” to “Andergassen”. The erratum to the reference is available at DOI 10.1007/978-981-287-655-3_63

An erratum to this chapter can be found at http://dx.doi.org/10.1007/978-981-287-655-3_63

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Correspondence to Fenfei Chen .

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© 2016 Springer Science+Business Media Singapore

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Chen, F., Wang, C., Ren, Y. (2016). Economic Effects of the Modern Information Service Industry in China: Evidence from Beijing. In: Li, M., Zhang, Q., Zhang, J., Li, Y. (eds) Proceedings of 2015 2nd International Conference on Industrial Economics System and Industrial Security Engineering. Springer, Singapore. https://doi.org/10.1007/978-981-287-655-3_28

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  • DOI: https://doi.org/10.1007/978-981-287-655-3_28

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-287-654-6

  • Online ISBN: 978-981-287-655-3

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