NDLI: Study on mechanism of resource constraints, technology spillovers and economic growth—Based upon the perspective of trade liberalization

Content Provider	IEEE Xplore Digital Library
Author	Zheng Yong-jie Qi Zhong-ying Yang Rui-rui
Copyright Year	2012
Description	Author affiliation: School of Management, Harbin Institute of Technology, China, 150001 (Zheng Yong-jie; Qi Zhong-ying; Yang Rui-rui)
Abstract	This paper has established a three-sector endogenous growth model by the introduction of natural resources into production function and the trade opening into R&D function. Firstly, it demonstrates the economic growth rate of the balanced growth path through equilibrium analysis of the model. Secondly, it has a systematic discussion about the impact of each economic variable on the steady-state growth rate through comparative static analysis and numerical simulation analysis of the balanced growth path. Lastly, it has empirically proved the theoretical researches of this paper through the utilization of panel data of Chinese resource-oriented regions and quantile method. Studies have shown that obtaining trade benefits by technology spillovers effect of trade opening are capable of surmounting the constraints of resource bottleneck and realizing the sustainable development of economy.
Starting Page	1575
Ending Page	1583
File Size	439276
Page Count	9
File Format	PDF
ISBN	9781467330152
ISSN	21551855
e-ISBN	9781467330145
DOI	10.1109/ICMSE.2012.6414383
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2012-09-20
Publisher Place	USA
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Economics Analytical models trade opening technology spillovers resource constraints Investments Humans Production quantile Elasticity Steady-state
Content Type	Text
Resource Type	Article

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