Xia, S;
Ye, Z;
Cao, D;
Li, H;
Xiong, A;
(2020)
Can Innovation Really Bring Growth? The Role of Social Filter in China.
Structural Change and Economic Dynamics
, 53
pp. 50-61.
10.1016/j.strueco.2020.01.003.
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Abstract
This study explores the relationship between R&D investment and economic growth in China, using a newly collected panel data set. Specifically, we investigate how social filters are connected to R&D output. Instead of linking R&D investment directly to economic performance, we adopt a two-step strategy which identifies the impact R&D investment on R&D output, and then study the causal links between R&D output and economic development. Our results suggest that the relationship between R&D input, R&D output and economic growth diverges by different region and sectors. Most of positive associations stem from non-peripheral regions and non-state owned sectors. Social filters are also more effective under these circumstances. These results reveal the complexity of relationships between R&D efforts and economic performance and point to the important role of social filters in innovation and growth.
| Type: | Article |
|---|---|
| Title: | Can Innovation Really Bring Growth? The Role of Social Filter in China |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1016/j.strueco.2020.01.003 |
| Publisher version: | https://doi.org/10.1016/j.strueco.2020.01.003 |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
| Keywords: | R&D, Spillover, Social Filter, Economic Growth, China |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment |
| URI: | https://discovery-pp.ucl.ac.uk/id/eprint/10090596 |
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