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Technological inputs and productivity growth in China's high-tech industries
| Content Provider | Semantic Scholar |
|---|---|
| Author | Wang, Lai Li Szirmai, A. E. |
| Copyright Year | 2003 |
| Abstract | The relationships between investment in R&D and productivity growth at sectoral level have been well documented in the literature. So far little research has been done on this topic for China, in part due to data limitations. This paper presents an empirical study of productivity growth and R&D at sectoral level in China’s high-tech manufacturing industries. Using a version of the perpetual inventory method (PIM), new estimates have been made of the physical capital stock and the R&D stock by sector. Using a production function based on endogenous growth theory, we calculate the elasticities of output with respect to R&D stocks. The R&D stock of the electronic industry plays special role for the whole of the high-tech sector. The analysis points to spillovers from the electronic industries to other high-tech sectors. This is indicated by a significant positive influence of R&D in electronics on productivity growth in other high-tech industries.. Finally, we found that other technological inputs play a less important role in productivity growth, than the R&D stock. |
| File Format | PDF HTM / HTML |
| Volume Number | 200327 |
| Alternate Webpage(s) | https://pure.tue.nl/ws/files/2457906/585750.pdf |
| Alternate Webpage(s) | http://alexandria.tue.nl/repository/books/585750.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |