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Measurement of Technology Spillovers

Author

Listed:
  • Kunrong Shen

    (School of Economics, Nanjing University, Nanjing 210093, China)

  • Jian Li

    (School of Economics, Nanjing University, Nanjing 210093, China)

Abstract

This paper builds an externality-based model with physical and R&D capital, proves the linearity of technology functions, and derives two measures of spillovers from the relative differences between social and private rates of return. China¡¯s regional empiric studies exhibit a reverse direction of spillovers between foreign invested firms and local economy and provide an estimation of the spillover measures of between 13% and 18%.

Suggested Citation

  • Kunrong Shen & Jian Li, 2012. "Measurement of Technology Spillovers," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, vol. 7(1), pages 141-161, March.
    • Handle: RePEc:fec:journl:v:7:y:2012:i:1:p:141-161
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    File URL: http://journal.hep.com.cn/fec/EN/10.3868/s060-001-012-0007-1
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    Cited by:

    1. Bogdanov, Dmitrii & Toktarova, Alla & Breyer, Christian, 2019. "Transition towards 100% renewable power and heat supply for energy intensive economies and severe continental climate conditions: Case for Kazakhstan," Applied Energy, Elsevier, vol. 253(C), pages 1-1.
    2. Ó Broin, Eoin & Nässén, Jonas & Johnsson, Filip, 2015. "Energy efficiency policies for space heating in EU countries: A panel data analysis for the period 1990–2010," Applied Energy, Elsevier, vol. 150(C), pages 211-223.
    3. Schwerhoff, Gregor & Sy, Mouhamadou, 2017. "Financing renewable energy in Africa – Key challenge of the sustainable development goals," Renewable and Sustainable Energy Reviews, Elsevier, vol. 75(C), pages 393-401.
    4. Adelodun, Adedeji Adebukola & Kim, Ki-Hyun & Ngila, Jane Catherine & Szulejko, Jan, 2015. "A review on the effect of amination pretreatment for the selective separation of CO2," Applied Energy, Elsevier, vol. 158(C), pages 631-642.
    5. Kelly-Richards, Sarah & Silber-Coats, Noah & Crootof, Arica & Tecklin, David & Bauer, Carl, 2017. "Governing the transition to renewable energy: A review of impacts and policy issues in the small hydropower boom," Energy Policy, Elsevier, vol. 101(C), pages 251-264.

    More about this item

    Keywords

    spillovers; R&D capital; rate of return; measurement;
    All these keywords.

    JEL classification:

    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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