{"title":"The Relationships between Research and Development (R&D) Investment and Regional Economic Growth","authors":"Xianzhong Cao","doi":"10.31901/24566802.2018/31.1-3.1910","DOIUrl":null,"url":null,"abstract":"ABSTRACT The impact of R&D investment on economic growth has become a hot study in the economic geography and economics, and most of researchers observed that R&D investment has a significant impact on regional growth, and the positive correlation confirmed, however, the evaluation of R&D investment and spatial differences remain to be further studied. This paper is based on the model of Cobb-Douglas production function. With the help of the panel data of 110 cities between 1990-2013, the researchers build the relationship model of R&D investment and regional growth. The results show the long-term and stable relationship of R&D investment and regional economic growth. R&D talent plays more role in the process of regional economic growth, and the impact of R&D investment on regional economic growth show that there exists large differences in sample regions.","PeriodicalId":85684,"journal":{"name":"The Eastern anthropologist","volume":"3 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2018-01-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"The Eastern anthropologist","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.31901/24566802.2018/31.1-3.1910","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
ABSTRACT The impact of R&D investment on economic growth has become a hot study in the economic geography and economics, and most of researchers observed that R&D investment has a significant impact on regional growth, and the positive correlation confirmed, however, the evaluation of R&D investment and spatial differences remain to be further studied. This paper is based on the model of Cobb-Douglas production function. With the help of the panel data of 110 cities between 1990-2013, the researchers build the relationship model of R&D investment and regional growth. The results show the long-term and stable relationship of R&D investment and regional economic growth. R&D talent plays more role in the process of regional economic growth, and the impact of R&D investment on regional economic growth show that there exists large differences in sample regions.