Measurement of Technology Spillovers
Kunrong Shen () and
Jian Li
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Kunrong Shen: School of Economics, Nanjing University, Nanjing 210093, China
Frontiers of Economics in China-Selected Publications from Chinese Universities, 2012, vol. 7, issue 1, 141-161
Abstract:
This paper builds an externality-based model with physical and R&D capital, proves the linearity of technology functions, and derives two measures of spillovers from the relative differences between social and private rates of return. China¡¯s regional empiric studies exhibit a reverse direction of spillovers between foreign invested firms and local economy and provide an estimation of the spillover measures of between 13% and 18%.
Keywords: spillovers; R&D capital; rate of return; measurement (search for similar items in EconPapers)
JEL-codes: D62 O33 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:fec:journl:v:7:y:2012:i:1:p:141-161
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