Abstract
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.
Original language | English |
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Journal | China Economic Review |
Volume | 36 |
Pages (from-to) | 272–278 |
Number of pages | 7 |
ISSN | 1043-951X |
DOIs | |
Publication status | Published - Dec 2015 |
Keywords
- Meta-analysis
- R&D
- Economic growth
- China