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Innovation and Economic Growth in China

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  • Yanrui Wu

    (UWA Business School, The University of Western Australia)

Abstract

China has enjoyed high economic growth for three decades since the initiative of economic reform in 1978. This growth has however been driven mainly by labour-intensive, export-oriented manufacturing activities. Has innovation played a role in China’s economic growth? What are the determinants of innovation in the Chinese economy? These are some of the questions which are to be explored in this study. Answers to these questions have important policy implications for China’s economic development in the future as innovation is vital for the transformation of the country’s growth model.

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File URL: http://www.business.uwa.edu.au/__data/assets/pdf_file/0004/888448/10-10_Innovation_and_Economic_Growth_in_China.pdf
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Bibliographic Info

Paper provided by The University of Western Australia, Department of Economics in its series Economics Discussion / Working Papers with number 10-10.

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Length: 32 pages
Date of creation: 2010
Date of revision:
Handle: RePEc:uwa:wpaper:10-10

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Keywords: Innovation; economic growth; Chinese economy;

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  1. Albert G. Z. Hu & Gary H. Jefferson & Qian Jinchang, 2005. "R&D and Technology Transfer: Firm-Level Evidence from Chinese Industry," The Review of Economics and Statistics, MIT Press, vol. 87(4), pages 780-786, November.
  2. Marios Zachariadis, . "R&D-Induced Growth in the OECD?," Departmental Working Papers 2001-02, Department of Economics, Louisiana State University.
  3. Andres Rodriguez-Pose & Riccardo regstdcenzi, 2008. "Research and Development, Spillovers, Innovation Systems, and the Genesis of Regional Growth in Europe," Regional Studies, Taylor & Francis Journals, vol. 42(1), pages 51-67.
  4. Kazuhiko Hayakawa, 2005. "Small Sample Bias Propreties of the System GMM Estimator in Dynamic Panel Data Models," Hi-Stat Discussion Paper Series d05-82, Institute of Economic Research, Hitotsubashi University.
  5. Segerstrom, Paul S, 1998. "Endogenous Growth without Scale Effects," American Economic Review, American Economic Association, vol. 88(5), pages 1290-1310, December.
  6. Hu, Albert Guangzhou & Jefferson, Gary H., 2004. "Returns to research and development in Chinese industry: Evidence from state-owned enterprises in Beijing," China Economic Review, Elsevier, vol. 15(1), pages 86-107, January.
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