An Empirical Analysis on Relationship between China's Governmental Public R&D Investment and Independent Innovation

被引：0
|
作者：
Xu Xiaoyang [1 ]
Yang Zhengrong [2 ]
机构：
[1] Jiangsu Univ, Sch Finance & Econ, Zhenjiang 212013, Jiangsu, Peoples R China
[2] Zhenjiang Coll, Zhenjiang 212003, Jiangsu, Peoples R China
来源：
STATISTIC APPLICATION IN SCIENTIFIC AND SOCIAL REFORMATION | 2010年
关键词：
Pubic R&D; Independent innovation; Co-integration analysis; Error correction model; Granger causality;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In this paper, the author applies co-integration analysis, Error correction model, Granger causality test to analyzing the relationship between China's pubic R&D and independent innovation. The results show that there is a kind of long-run equilibrium relationship between them. Governmental pubic R&D investment is the Granger reason for independent innovation. In the long run, governmental R&D investment may truly improve China's ability of independent innovation.
引用
收藏
页码：1178 / +
页数：2
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