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Do Anti-corruption Promote the Regional R&D Capital Accumulation |
Wang Yan1,Shi Yongdong2 |
1.School of Finance, Dongbei University of Finance and Economics;2.Research Center of Applied Finance, Dongbei University of Finance and Economics, Dalian 116025,China |
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Abstract In this paper we select provincial panel data of China as sample from 2005 to 2014. In consideration of legal institutions level, fiscal transparency, corruption motivation and government size, we explore the effects of Anti-corruption on R&D capital accumulation. This paper get the conclusions: ①The rise of Anti-corruption will led to the rise of R&D capital. ②The higher the level of legal, the greater the effect of Anti-corruption on the accumulation of R&D capital. ③ The higher the level of fiscal transparency, the greater the effect of Anti-corruption on the accumulation of R&D capital. ④ Higher wage of public officers can reduce corruption motivation, enhance the effect of Anti-corruption on the accumulation of R&D capital.⑤Larger government size will weaken the effect of Anti-corruption on the accumulation of R&D capital.
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Received: 25 November 2016
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Corresponding Authors:
Wang Yan
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