Effect of Basic Research and Applied Research on Growth of Open Economy
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摘要: 一个经济体在开放条件下,其技术进步水平不仅受其本身创新能力水平的影响,还受其他经济体创新能力的影响,因此,研究一个经济体在开放条件下,科研投入水平对技术进步进而对其经济增长的影响是有必要的。构建中间产品种类扩张型的内生技术进步模型可以研究开放经济条件下,基础研究和应用研究以及技术外溢影响经济增长的内在机理。对模型的竞争性市场均衡分析的基本结论是加大研究投入、增加应用研究投入的比例以及增加经济开放程度有利于长期经济增长。进一步的实证检验利用1990-2012年间中国的经济数据,考察研究投入、应用研究的比例以及开放程度对经济增长的影响,实证结果进一步验证了模型构建的合理性。在理论模型和实证结果的基础上,提出了相应的经济政策建议。Abstract: The growth rate of an economy in the open economy depends on not only its growth rate of technology but also the growth rate of other economies. So it's necessary to study the investment on research and its effect on technological advances and economic growth. This inter product expanding endogenous model can help explore the effect of basic research, applied research and technological spillover on the economic growth. Through analyzing the model in balanced market, the paper concludes that more research investment, more applied research investment and more degree of openness can promote the growth rate of economy. An empirical study, using the data of China from 1990 to 2012, affirms the effect of the research investment, the percentage of applied research investment and the degree of openness on the economic growth. Proposals in terms of economic policy are provided based on the theoretical model and the result of the study.
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Keywords:
- openness /
- basic research /
- applied research /
- inner technology progress /
- economy growth /
- technology spill over
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