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

Jiang, Renai; Chen, Hong; Li, Yali; Li, Hong

doi:10.1111/j.1749-124x.2010.01211.x

Cited by 6 publications

(4 citation statements)

References 26 publications

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“…This result is in line with the earlier findings of Hu and Jefferson (2004) and Jiang et al (2010) who find that returns to R&D and its productivity have declined over years.…”

Section: Contribution Of Randd Stock and Randd Spilloverssupporting

confidence: 92%

“…Domestic R&D capacity in one sector also plays an important role to absorb FDI spillovers in this sector. This explains why Jiang et al (2010) find significant foreign spillovers to China in the telecommunication field, given that the telecommunication is one the most advanced sectors in China and there is a well-established telecommunication infrastructure to absorb foreign spillovers.…”

Section: Direct and Indirect Foreign Technological Spilloversmentioning

confidence: 99%

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Technological spillovers and industrial growth in Chinese regions

Wang¹,

Meijers²,

Szirmai³

2016

Ind Corp Change

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“…This result is in line with the earlier findings of Hu and Jefferson (2004) and Jiang et al (2010) who find that returns to R&D and its productivity have declined over years.…”

Section: Contribution Of Randd Stock and Randd Spilloverssupporting

confidence: 92%

Section: Direct and Indirect Foreign Technological Spilloversmentioning

confidence: 99%

Technological spillovers and industrial growth in Chinese regions

Wang¹,

Meijers²,

Szirmai³

2016

Ind Corp Change

View full text Add to dashboard Cite

“…We further consider the impact of the spillover effects of the government subsidies. Both [21] and [8] study the spillover effects and related effects of subsidies and benefits in country. The same is true for [11], who study the spillover effects of European regional policies on investment funds in underdeveloped regions.…”

Section: Extentionmentioning

confidence: 99%

“…The same is true for [11], who study the spillover effects of European regional policies on investment funds in underdeveloped regions. Among them, [21] explore the impact of spillover effects on China's sustained economic growth, and point out that more subsidies to domestic R&D research and purchase of intermediate goods can enhance China's R&D intensity with the spillover effects. In our model, the socalled spillover effects include not only the expected impact of the government subsidies on the development of supply chain member activities, but also the additional impact on people or society outside the supply chain.…”

Section: Extentionmentioning

confidence: 99%

Government subsidies and online branding for agricultural products

2021

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Online branding plays an increasingly vital role for agricultural products in agriculture and e-commerce industries alike. To improve the cooperation between farmers and e-retailers, and to increase awareness of agricultural products through online branding, many governments implement series of subsidy policies. We investigate the impact of government subsidies by proposing a three-player game model (consisting of a government, a farmer, and an e-retailer) in supply chains. More specifically, we develop four Stackelberg game scenarios, including a benchmark scenario in which government provides no subsidies, two scenarios in which government subsidizes either farmer or e-retailer without subsidizing the other, and one in which both are subsidized. We find awareness of online branding for agricultural products is positively related to farmers? market sensitivity while e-retailers? cost factor shows a negative relation; optimal awareness emerges when both farmers and retailers are subsidized. In turn, farmers and retailers achieve their best profits when both are subsidized. Furthermore, farmers? profits are higher than e-retailers? in every subsidy scenario. We obtain the most effective parameters for government subsidies using ex ante and ex post strategies, extending our model by incorporating spillover effects. Most of our conclusions are consistent with intuition and propositions we began with, but it is interesting to note that farmers? best profits appear when farmers receive subsidies and e-retailers do not.

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Equipment investment, output and productivity in China

Herrerías

Orts

2010

Empir Econ

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The objective of this paper is threefold. Firstly, we provide evidence of the role played by equipment investment as determinant of output and labor productivity in China for the period 1962-2004. Secondly, we assess its robustness in allowing for other relevant sources of economic growth, and finally, we analyze the role played by these different factors on long-run growth. For this purpose we focused our analysis on two factors that have apparently played a relevant role in accounting for China's growth, namely, equipment investment and exports. However, knowing the close relationships that exist between equipment investments with other variables, we have included R&D expenditure, human capital and infrastructures in our analysis. We start up our study exploring the link among equipment investment, R&D expenditure, exports and the real exchange rate as main determinants of labor productivity and output in the short and long-run, that is, our base model. Afterwards, we included human capital and infrastructures in our augmented model. Given the potential interdependence and endogeneity of the variables considered, we employed as statistical framework for analysis the cointegrated VAR model. Our results provide evidence that equipment investment and exports are one of the most important determinants of both labor productivity and output in the long-run even controlling with other sources of growth in China. Furthermore, when human capital and infrastructures are included, we found that positively affect to economic activity in the long-run. Finally, our findings provide robust evidence that R&D expenditure enhances equipment investment on the long-run growth.

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

Cited by 6 publications

References 26 publications

Technological spillovers and industrial growth in Chinese regions

Technological spillovers and industrial growth in Chinese regions

Government subsidies and online branding for agricultural products

Equipment investment, output and productivity in China

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