Exploring the link between research and economic growth: an empirical study of China and USA

被引：32

作者：

Kumar, Ronald Ravinesh ^{[1
,2
]}

Stauvermann, Peter Josef ^{[3
]}

Patel, Arvind ^{[1
]}

机构：

[1] Univ S Pacific, Sch Accounting & Finance, Fac Business & Econ, Suva, Fiji

[2] Univ Bolton, Deane Rd, Bolton BL3 5AB, England

[3] Changwon Natl Univ, Dept Econ, Chang Won, South Korea

来源：

QUALITY & QUANTITY | 2016年 / 50卷 / 03期

关键词：

Research publications; Scientific and technical journal articles; Economic growth; China; USA; RESEARCH OUTPUT; TRIPLE-HELIX; UNIT-ROOT; CAUSALITY; SCIENCE; ENTREPRENEURSHIP; INDICATORS; INNOVATION; UNIVERSITY; SYSTEMS;

D O I：

10.1007/s11135-015-0191-3

中图分类号：

C [社会科学总论];

学科分类号：

03 ; 0303 ;

摘要：

In this paper, we explore the link between scientific and technical research and economic growth in China and USA over the sample period 1981-2012 using the extended Cobb-Douglas model with capital per worker and the quantity of scientific and technical journal articles (research publications) per worker. We examine the cointegration relationship and present the short-run and long-run results using the autoregressive distributed lag bounds procedure. Further, we examine the direction of causality between research publications per worker results and economic growth variables using the Toda and Yamamoto (J Econom 66(1-2):225-250, 1995) procedure. Our results indicate for both countries research publications per worker positively influence the output per worker both in the short-run and the long-run. The causality results for China indicate a bi-directional causality between research publications per worker and output per worker, duly emphasizing the mutually reinforcing effect. In case of USA, we note a unidirectional causation output per worker to research publications per worker indicating that output Granger cause research publications.

引用

页码：1073 / 1091

页数：19

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