R&D Elements Flow, Spatial Knowledge Spillover and Economic Growth
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| Title | R&D Elements Flow, Spatial Knowledge Spillover and Economic Growth
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| Author | Bai Junhong，Wang Yue，Jiang Fuxin and Li Jing |
| Organization | School of Business, Nanjing Normal University |
| Email | nsdbjh@126.com，yuewang81@sina.com，fxjiang@foxmail.com，lijing_hp@126.com |
| Key Words | R&D Elements Flow; Spatial Knowledge Spillover; Economic Growth; Spatial Panel |
| Abstract | This paper is aimed to investigate whether the regional flow of the elements of R&D can promote China's economic growth through spatial knowledge spillovers. On the basis of theoretical analysis, it takes 30 provincial administrative regions of China as the research objects, using a variety of spatial econometric analysis techniques to carry out empirical examination. It is found that there are significant spatial spillover effects from the regional flow of R&D factors, which can contribute positive effects to the economic growth of China. After considering different measurement indexes of the R&D factors flow and the endogeneity may occur in spatial econometric models, the result is still robust. The conclusion of this paper provides policy implications for facilitating the rational flow of R&D factors, integrating the innovation development of various regions, and therefore, promoting the sustainable development of China. |
| Serial Number | WP1071 |
| Time | 2016-07-05 |
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