Cointegration Analysis of Government R&D Investment and Economic Growth in China

摘要：

Government R&D investment has been playing a very important role in the economic development. Based on the data from 1978 to 2008 issued by China Statistical Bureau, this paper analyzes the dynamic equilibrium relationship between government R&D investment and economic growth by using cointegration analysis in econometrics. The results show that there is stable long-term balancing relationship between the government R&D investment and economic growth in China, and government R&D investment is main causation which brings about economic growth.

作者: Miao Hui Liu Fengchao

作者单位: Dalian University of Technology,Dalian,P.R.China,116023

会议类型: 国际会议

会议名称: The 7th International Conference on Innovation and Management(第七届创新与管理国际会议 ICIM 2010)

会议地点: 武汉

会议语种:英文

页码: 1349-1353

在线出版日期: 2010-12-04（万方平台首次上网日期，不代表论文的发表时间）