Record Details

The Spillover Effect of Technological Progress Based on Two Sector Model: An Empirical Study of Chinese Manufacturing Sector

Journal of Economic & Financial Studies

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Field Value
 
Title The Spillover Effect of Technological Progress Based on Two Sector Model: An Empirical Study of Chinese Manufacturing Sector
 
Creator Xiao-hua, Sun
Yun, Wang
 
Subject
Spillover effect; Technological progress; Two-sector model.
O014; O033; O041.
 
Description As the technology has the nature of public good, industrial technology innovation activities have positive externalities on related sectors. Two-sector model is built to identify and calculate the spillover effects of technological progress. Specifically, the industry is divided into two sectors, and technological progress in one sector is added to the production function of the other to research the relationship between technological progress in one sector and output growth of the other. Panel data constituted by time-series from 2000 to 2007 and cross-section data of 31 provinces in Chinese manufacturing sectors is used for empirical testing. The conclusion is drawn that there are very significant spillover effects from the technological progress in equipment manufacturing sector on non-equipment manufacturing sector. The estimated results of different divisions prove that the production efficiency of equipment manufacturing sector and equipment updating speed of non-equipment manufacturing sector influence the spillover effects.
 
Publisher LAR Center Press
 
Contributor National Soft Science Research Program (2013GXS4D108) and MOE (Ministry of Education in China) Project of Humanities and Social Science (13YJC790127).
 
Date 2014-04-21
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article

 
Format application/pdf
 
Identifier http://journalofeconomics.org/index.php/site/article/view/55
10.18533/jefs.v2i02.55
 
Source Journal of Economic & Financial Studies; Vol 2, No 02 (2014): April; 66-77
2379-9471
2379-9463
 
Language eng
 
Relation http://journalofeconomics.org/index.php/site/article/view/55/226
 
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