Industrial Structure Upgrading, Household Consumption Level, and High-Quality Economic Development

Industrial structure upgrading and household consumption are key factors affecting high-quality economic development. Based on provincial panel data from 2001 to 2021, this work constructs a dynamic panel threshold model to analyze the impact of industrial structure upgrading on high-quality economic development, using household consumption levels as the threshold variable. The results of the model show that rising household consumption levels strengthen the positive effect of industrial structure upgrading on high-quality economic development across regions, with the central region showing the largest increase. The work further reveals that the increase in household consumption levels amplifies the negative impact of an unreasonable industrial structure on high-quality economic development in the eastern and western regions while mitigating its negative effect in the central region. Finally, this paper puts forward suggestions such as changing the concept of heavy production and light consumption, promoting the upgrading of industrial structure according to local conditions, and making every effort to promote high-quality economic development.