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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
来源:
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.
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页码:360 / 365
页数:6
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