IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6463-142-5_58.html

Impact of Technological Innovation on the Yangtze River Delta Region's Economy Based on a Quantile Regression

In: Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023)

Author

Listed:
  • Zeyao Li

    (Saint Louis University)

Abstract

Although the Yangtze River Delta region has an extremely high degree of scientific and technological innovation, its contribution to GDP is not known. Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, which is the new specialized of GDP. The differences in the effects of technical innovation at various GDP levels have not been taken into account in much research. We investigate the effect of technical innovation on GDP in various contexts. This study creates a technological innovation index by first using the principal component analysis approach to minimize the dimension according to the number of patents, innovations, individuals working in scientific and technological innovation, and the price of such research and development. Then, to examine the effect of technical innovation on GDP, we created an OLS model and a quantile regression model that took into account time and regional fixed effects. Finally, a robustness test is performed to demonstrate a consistent outcome.

Suggested Citation

  • Zeyao Li, 2023. "Impact of Technological Innovation on the Yangtze River Delta Region's Economy Based on a Quantile Regression," Advances in Economics, Business and Management Research, in: Yushi Jiang & Guangming Li & Wilson Xinbao Li (ed.), Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023), pages 507-525, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-142-5_58
    DOI: 10.2991/978-94-6463-142-5_58
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:advbcp:978-94-6463-142-5_58. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.