PhD Seminar (Econ)
Date & time
We estimate the effect of three types of Research and Development (R&D) activities on Total Factor Productivity (TFP) across the Chinese provinces during 1998-2018. We use novel data at the provincial level in China and apply the panel data cointegration and spatial regression approaches. Our empirical results, robust to different specifications and control variables, show a significant positive effect of overall R&D stock on productivity. However, when disaggregated between basic, applied and experimental, we find that the positive effect has emanated from experimental R&D stock. No significant results or negative results when significant are observed for basic R&D stock.