Efficiency gains from reallocating innovation resources between China’s manufacturing sectors

Jinying Chen and Yufen Chen

Applied Economics Letters, 2025, vol. 32, issue 16, 2303-2309

Abstract: This paper proposes a new framework for quantifying the misallocation of innovation resources and is among the first to estimate innovation efficiency gains brought by the reallocation in China’s manufacturing industry from 2012 to 2021. Our results show that the misallocation of innovation resources between manufacturing sectors has significantly alleviated. The misallocation of innovation manpower is more serious than that of innovation capital stocks. The study provides theoretical guidance and policy implications for the government to adjust the allocation of innovation resources.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/13504851.2024.2332576 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:32:y:2025:i:16:p:2303-2309

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504851.2024.2332576

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().