By estimating the index of capital services which has double characteristics of material quantity and price with perpetual inventory method and the index of labor input which can indicate quality change with Iterative Proportional Fitting method, we recalculate China’s total factor productivity and sources of economic growth from 1978 to 2010 by using growth accounting. Then we test the correlation between R&D spillover and TFP of China on two ways of international trade and FDI. The results show that the improvement of TFP in China depends on the comprehensive benefit of domestic R&D input and international R&D spillover. Independent R&D input is the dominant factor of China’s TFP ascension. R&D spillover from international trade and FDI has a time-lag effect on promoting China’s TFP, while has a cause-and-effect relationship in the long term.
Published in | Science Innovation (Volume 5, Issue 2) |
DOI | 10.11648/j.si.20170502.16 |
Page(s) | 102-107 |
Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
Copyright |
Copyright © The Author(s), 2017. Published by Science Publishing Group |
R&D Spillover, TFP, International Trade, FDI
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APA Style
Wu Ming-e. (2017). The Research of R&D Spillover and Total Factor Productivity of China. Science Innovation, 5(2), 102-107. https://doi.org/10.11648/j.si.20170502.16
ACS Style
Wu Ming-e. The Research of R&D Spillover and Total Factor Productivity of China. Sci. Innov. 2017, 5(2), 102-107. doi: 10.11648/j.si.20170502.16
AMA Style
Wu Ming-e. The Research of R&D Spillover and Total Factor Productivity of China. Sci Innov. 2017;5(2):102-107. doi: 10.11648/j.si.20170502.16
@article{10.11648/j.si.20170502.16, author = {Wu Ming-e}, title = {The Research of R&D Spillover and Total Factor Productivity of China}, journal = {Science Innovation}, volume = {5}, number = {2}, pages = {102-107}, doi = {10.11648/j.si.20170502.16}, url = {https://doi.org/10.11648/j.si.20170502.16}, eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.si.20170502.16}, abstract = {By estimating the index of capital services which has double characteristics of material quantity and price with perpetual inventory method and the index of labor input which can indicate quality change with Iterative Proportional Fitting method, we recalculate China’s total factor productivity and sources of economic growth from 1978 to 2010 by using growth accounting. Then we test the correlation between R&D spillover and TFP of China on two ways of international trade and FDI. The results show that the improvement of TFP in China depends on the comprehensive benefit of domestic R&D input and international R&D spillover. Independent R&D input is the dominant factor of China’s TFP ascension. R&D spillover from international trade and FDI has a time-lag effect on promoting China’s TFP, while has a cause-and-effect relationship in the long term.}, year = {2017} }
TY - JOUR T1 - The Research of R&D Spillover and Total Factor Productivity of China AU - Wu Ming-e Y1 - 2017/04/12 PY - 2017 N1 - https://doi.org/10.11648/j.si.20170502.16 DO - 10.11648/j.si.20170502.16 T2 - Science Innovation JF - Science Innovation JO - Science Innovation SP - 102 EP - 107 PB - Science Publishing Group SN - 2328-787X UR - https://doi.org/10.11648/j.si.20170502.16 AB - By estimating the index of capital services which has double characteristics of material quantity and price with perpetual inventory method and the index of labor input which can indicate quality change with Iterative Proportional Fitting method, we recalculate China’s total factor productivity and sources of economic growth from 1978 to 2010 by using growth accounting. Then we test the correlation between R&D spillover and TFP of China on two ways of international trade and FDI. The results show that the improvement of TFP in China depends on the comprehensive benefit of domestic R&D input and international R&D spillover. Independent R&D input is the dominant factor of China’s TFP ascension. R&D spillover from international trade and FDI has a time-lag effect on promoting China’s TFP, while has a cause-and-effect relationship in the long term. VL - 5 IS - 2 ER -