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Frontiers of Economics in China

ISSN 1673-3444

ISSN 1673-3568(Online)

CN 11-5744/F

Postal Subscription Code 80-978

Front Econ Chin    2012, Vol. 7 Issue (1) : 141-161    https://doi.org/10.3868/s060-001-012-0007-1
research-article |
Measurement of Technology Spillovers
Kunrong Shen(), Jian Li()
School of Economics, Nanjing University, Nanjing 210093, China
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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%.

Keywords spillovers      R&D capital      rate of return      measurement     
Corresponding Authors: Kunrong Shen,Email:shenkr@nju.edu.cn; Jian Li,Email:lijiansid@nju.edu.cn   
Issue Date: 05 March 2012
 Cite this article:   
Kunrong Shen,Jian Li. Measurement of Technology Spillovers[J]. Front Econ Chin, 2012, 7(1): 141-161.
 URL:  
http://academic.hep.com.cn/fec/EN/10.3868/s060-001-012-0007-1
http://academic.hep.com.cn/fec/EN/Y2012/V7/I1/141
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