Can innovation really bring economic growth? The role of social filter in China

Ailun Xiong, Senmao Xia, Zhen Ye, Dongmei Cao, Yanguo Jing, Hongyi Li

Research output: Contribution to journalArticle

Abstract

This study explores the relationship between R&D investment and economic growth in China, using a newly collected panel data set. Specifically, we investigate how social filters are connected to R&D output. Instead of linking R&D investment directly to economic performance, we adopt a two-step strategy which identifies the impact R&D investment on R&D output, and then study the causal links between R&D output and economic development. Our results suggest that the relationship between R&D input, R&D output and economic growth diverges by different region and sectors. Most of positive associations stem from non-peripheral regions and non-state owned sectors. Social filters are also more effective under these circumstances. These results reveal the complexity of relationships between R&D efforts and economic performance and point to the important role of social filters in innovation and growth.
Original languageEnglish
Pages (from-to)50-61
Number of pages12
JournalStructural Change and Economic Dynamics
Volume53
Early online date15 Jan 2020
DOIs
Publication statusE-pub ahead of print - 15 Jan 2020

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Keywords

  • R&D
  • Spillover
  • Social Filter
  • Economic Growth
  • China

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