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Dynamics in a Non-Scale R&D Endogenous Economic Growth for Chinese Development

Dynamics in a Non-Scale R&D Endogenous Economic Growth for Chinese Development

Qiong He
Copyright: © 2011 |Pages: 15
ISBN13: 9781616928469|ISBN10: 1616928468|EISBN13: 9781616928483
DOI: 10.4018/978-1-61692-846-9.ch009
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MLA

He, Qiong. "Dynamics in a Non-Scale R&D Endogenous Economic Growth for Chinese Development." Regional Innovation Systems and Sustainable Development: Emerging Technologies, edited by Patricia Ordóñez de Pablos, et al., IGI Global, 2011, pp. 124-138. https://doi.org/10.4018/978-1-61692-846-9.ch009

APA

He, Q. (2011). Dynamics in a Non-Scale R&D Endogenous Economic Growth for Chinese Development. In P. Ordóñez de Pablos, W. Lee, & J. Zhao (Eds.), Regional Innovation Systems and Sustainable Development: Emerging Technologies (pp. 124-138). IGI Global. https://doi.org/10.4018/978-1-61692-846-9.ch009

Chicago

He, Qiong. "Dynamics in a Non-Scale R&D Endogenous Economic Growth for Chinese Development." In Regional Innovation Systems and Sustainable Development: Emerging Technologies, edited by Patricia Ordóñez de Pablos, W.B. Lee, and Jingyuan Zhao, 124-138. Hershey, PA: IGI Global, 2011. https://doi.org/10.4018/978-1-61692-846-9.ch009

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Abstract

By introducing nonlinear technology gap into Jones (1995b), this chapter constructs an R&D non-scale growth model that includes endogenous human capital and technological progress. The goal is to take the model’s implications to the data to explaining the Chinese economic development experiences at period 1979-2004. Our model suggests that the technology gap has the block neck effect on the economic development. The market competitive equilibrium solution shows that R&D and technology spillover can enhance the steady state growth rate. The mode’s transitional dynamics is also analyzed on the effects of human capital, capital, technological progress and intersectional labor movements on economic growth, technological progress has the most effect on the economic development, and more human capital shift into R&D sector from final goods sector.

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