|
|
Economic Growth Effect of Technological Innovation and Industrial Structure Transformation |
Li Chenggang1,2, Yang Bing1, Miao Qixiang3 |
|
|
Abstract In this paper, the data of 30 provinces (municipalities and districts) in China from 2006 to 2016 are selected to construct the dynamic spatial Doberbin model and the intermediary effect model. This paper studies the direct effect of technological innovation on economic growth and its indirect effect on economic growth by promoting the transformation of industrial structure. The research results show that: there are positive spatial spillover effects in China's economic growth, and the process of economic growth has dynamic and positive continuous characteristics. In the direct effects, the technological innovation in this region has positive effects on economic growth, but the technological innovation in the surrounding areas has a significant negative impact. The rationalization of industrial structure has a significant negative impact on the economic growth, but the advanced industrial structure has a significant positive impact. The combination of technological innovation and industrial structural transformation alleviates the degree of inhibition of the rationalization of industrial structure to economic growth. In the indirect effect, the transformation of industrial structure is the intermediate transmission link between technological innovation and economic growth, and the rationalization of industrial structure and the advanced industrial structure both have positive intermediary effects. The direct effect of technological innovation in this region on the economic growth is greater than the indirect effect, but the direct effect of peripheral technological innovation on economic growth is smaller than indirect effect.
|
|
|
|
|
|
|
|