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Innovation Capacity and Economic Development: China and India

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  • Peilei Fan

Abstract

Both China and India, the emerging giants in Asia, have achieved significant economic development in recent years. China has enjoyed a high annual GDP growth rate of 10 per cent and India has achieved an annual GDP growth rate of 6 per cent since 1981. Decomposing China and India's GDP growth from 1981 to 2004 into the three factors' contribution reveals that technology has contributed significantly to both countries' GDP growth, especially in the 1990s.

Suggested Citation

  • Peilei Fan, 2008. "Innovation Capacity and Economic Development: China and India," WIDER Working Paper Series RP2008-31, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:rp2008-31
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    References listed on IDEAS

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    Cited by:

    1. Klimis Vogiatzoglou, 2009. "Determinants of Export Specialization in ICT Products: A Cross-Country Analysis," Working Papers 2009.3, International Network for Economic Research - INFER.
    2. Riccardo Crescenzi & Andrés Rodríguez-Pose & Michael Storper, 2012. "The territorial dynamics of innovation in China and India," Journal of Economic Geography, Oxford University Press, vol. 12(5), pages 1055-1085, September.
    3. Kappel, Robert, 2010. "On the Economics of Regional Powers: Comparing China, India, Brazil, and South Africa," GIGA Working Papers 145, GIGA German Institute of Global and Area Studies.
    4. Maria Manuela Natario & Joao Pedro Couto & Ascensao Maria Braga & Teresa Maria Tiago, 2011. "Evaluating The Determinants Of National Innovative Capacity Among European Countries," ERSA conference papers ersa10p1342, European Regional Science Association.

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    Keywords

    Business networks; Economic development; Institutional economics; Technological innovations;
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