Abstract
This chapter explores the aggregate innovation activities and their growth effects in China. First, innovations in China are on an increasing trajectory, with the growth showing little evidence of slowing down. Second, innovations appear to promote economic growth in the long run both at the national and industry levels. Third, there is a lack of short run growth effect from innovations at the national level. In light of the growth effect of innovations and increasingly binding resource constraints, innovations are likely to play an important role in China's future economic growth.
Journal
N/A
Publication Name
China's Challenges in Moving towards a High-Income Economy
Volume
N/A
ISBN/ISSN
978-1-76046-453-0
Edition
N/A
Issue
N/A
Pages Count
22
Location
N/A
Publisher
ANU Press
Publisher Url
N/A
Publisher Location
Canberra, ACT, Australia
Publish Date
N/A
Url
N/A
Date
N/A
EISSN
N/A
DOI
10.22459/CCMTHE.2021