The Threshold Effect of Sci-tech Finance on Sci-tech Innovation-Empirical Analysis for Provincial Panel Data in China

被引:0
|
作者
Zhang, Weike [1 ]
Tian, Xiaoli [2 ]
Du, Jiang [1 ]
机构
[1] Sichuan Univ, Sch econ, Chengdu 610000, Peoples R China
[2] Sichuan Univ, Sch Business, Chengdu 610000, Peoples R China
关键词
Sci-tech finance; Sci-tech innovation; Threshold model; Threshold effect;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
Based on the panel data of 29 provinces(except Tibet and Hainan) over 2001-2013 period in China, this paper uses threshold panel model to empirical analysis whether they have non-linear and threshold effect between sci-tech finance and sci-tech innovation. The results show that the influence of sci-tech finance on sci-tech innovation in the chinese provinces is not linear, and has obvious threshold effect. Besides, at a relatively low level of economic development, sci-tech finance has a negative impact on the sci-tech innovation. But when economic development to be a certain extent, sci-tech finance would promote sci-tech innovation enhance.
引用
收藏
页码:360 / 365
页数:6
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