R&D Efforts, Total Factor Productivity, and the Energy Intensity in China
Xiaobo Shen,
Boqiang Lin () and
Wei Wu ()
Emerging Markets Finance and Trade, 2019, vol. 55, issue 11, 2566-2588
Abstract:
This paper first measures the levels and growths of regional TFP in China using a panel dataset of China’s 30 provinces from 1978–2014. It then estimates the effects of R&D on regional TFP and its growth further explores the impact of TFP on China’s energy intensity. We find no evidence that R&D has innovation and spillover effects on TFP and its growth in China’s provinces. Nevertheless, R&D can promote growth in regional TFP by helping to absorb new technologies embodied in FDI and foreign trade. The results indicate that TFP plays a significant role in the decline of China’s energy intensity.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:mes:emfitr:v:55:y:2019:i:11:p:2566-2588
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DOI: 10.1080/1540496X.2019.1579709
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