| ID | 073638 |
| Title Proper | Technology spillovers, absorptive capacity and economic growth |
| Language | ENG |
| Author | Mingyong, Lai ; Shuijun, Peng ; Qun, Bao |
| Publication | 2006. |
| Summary / Abstract (Note) | By establishing an endogenous growth model with knowledge-driven R&D, this paper aims to investigate the relationship between international technology spillovers, the host country's absorptive capability and endogenous economic growth. The solution to the competitive equilibrium problem shows that long-run growth arises from improvements in absorptive capability and higher human capital stocks, while the relationships between openness, the technology gap and the steady-state growth rate are uncertain. Econometric estimates of China's economic growth are obtained using province level data covering the period 1996-2002. The estimates indicate that technology spillovers depend on the host country's human capital investment and degree of openness, and that FDI is a more significant spillover channel than imports. |
| `In' analytical Note | China Economic Review Vol. 17, No. 3; 2006: p300-320 |
| Journal Source | China Economic Review Vol: 17 No 3 |
| Key Words | Human Capital ; Technology Spillovers ; R&D ; Economic Growth |