Intangible capital, ICT and sector growth in China

被引：20

作者：

Li, Qing ^{[1
]}

Wu, Yanrui ^{[1
]}

机构：

[1] Univ Western Australia, Dept Econ, Business Sch, Nedlands, WA, Australia

来源：

TELECOMMUNICATIONS POLICY | 2020年 / 44卷 / 01期

关键词：

Intangible capital; ICT; Sector growth; China; INFORMATION-TECHNOLOGY; PRODUCTIVITY GROWTH; ECONOMIC-GROWTH; FINANCIAL DEPENDENCE; CREDIT CONSTRAINTS; BUSINESS-CYCLE; FIRM-LEVEL; ASSETS; EUROPE; MODELS;

D O I：

10.1016/j.telpol.2019.101854

中图分类号：

G2 [信息与知识传播];

学科分类号：

05 ; 0503 ;

摘要：

This paper explores how intangible capital affects the growth of ICT-intensive sectors in China by examining 29 sectors in 30 regions for the years 2003-2015. It is shown that the value added in ICT-intensive sectors in China will grow faster in regions with faster development of intangible capital. This effect is robust to alternative measures of intangible capital and ICT intensity indicators, and even if other region-level determinants of sector growth such as human capital, non-ICT physical capital and financial market development are taken into consideration. The findings imply that Chinese policy makers should aim for not only more ICT investment but also the development of intangible capital.

引用

页数：25

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