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| Research on Import and Innovative R&D between China and Major Countries along the Belt and Road |
| Jiang Chao, Lan Yisheng |
| (School of Business, Shanghai University of Finance and Economics, Shanghai 200434, China) |
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Abstract Based on theoretical derivation and empirical test,this paper finds that the level of countries′ R&D in the region is asymmetric,and countries with advanced technology have contributed to the improvement of the overall level of R&D.The trade policy of expanding imports is a positive incentive for national R&D,however,it is necessary to provide a reliable guarantee mechanism.Both imported intermediate and final products are to the importing countries in the field of R&D,but imported final products can narrow the gap of R&D intensity between two countries and improve the overall level of R&D.Import can have an impact on R&D in the mechanism of factor endowment structure adjustment,technology spillover,and quality improvement.Among them,technology spillover is the main way.
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Received: 14 May 2019
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