China's Sustained Economic Growth:Do Direct R&D Spillovers Matter?  被引量:11

China's Sustained Economic Growth:Do Direct R&D Spillovers Matter?

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作  者:Renal Jiang Hong Cai Yali Li Hong Li 

机构地区:[1]Xi'an Jiaotong University, Xi'an, China [2]Fayetteville State University, Fayetteville, USA [3]Brandeis University, MA, USA

出  处:《China & World Economy》2010年第5期37-53,共17页中国与世界经济(英文版)

基  金:supported by the National Natural Science Foundation of China (Grant No. 70672057 and Grant No. 70272025)

摘  要:Using data from 1986-2005, the present paper estimates the impact of direct knowledge spilled over from G-7 countries on China's economy. We use telephone line penetration rates andpersonnel flows to estimate the direct spillover effect. Our results show that direct knowledge spillovers through telecommunication networks and personnelflows are important components of international R&D spillovers in China. These direct channels of spillover effectively accelerate China's economic growth. Therefore, China should invest more in human capital and in its telecommunication network to enhance the absorptive capacity of direct R&D spillovers, and to increase communication with other nations, in particular the USA and Japan. More subsidies to domestic R&D research and purchase of intermediate goods will help to raise China's R&D intensity.Using data from 1986-2005, the present paper estimates the impact of direct knowledge spilled over from G-7 countries on China's economy. We use telephone line penetration rates andpersonnel flows to estimate the direct spillover effect. Our results show that direct knowledge spillovers through telecommunication networks and personnelflows are important components of international R&D spillovers in China. These direct channels of spillover effectively accelerate China's economic growth. Therefore, China should invest more in human capital and in its telecommunication network to enhance the absorptive capacity of direct R&D spillovers, and to increase communication with other nations, in particular the USA and Japan. More subsidies to domestic R&D research and purchase of intermediate goods will help to raise China's R&D intensity.

关 键 词:economic effect personnel flow R&D spillover telecommunication network technology proximity 

分 类 号:F12[经济管理—世界经济] X32[环境科学与工程—环境工程]

 

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