In this paper we examine whether China has benefited more from spending on R&D than other countries by conducting a meta-analysis of the relevant literature on a large number of countries at different stages of economic development. The results suggest that the growth-enhancing effect of R&D spending in China has been significantly weaker than that of other countries. It is thus unlikely that R&D spending has been successful as a key contributing factor to economic growth in China.
|Place of Publication||Stockholm|
|Publisher||Ratio: Näringslivets forskningsinstitut|
|Number of pages||11|
|Publication status||Published - 2014|
|Series||Ratio Working Paper|