Institutional quality, extrusion effects of technology innovation and resource curse based on the empirical analysis of China's provincial panel data

Abstract

Abstract: This article has used 30 provincial panel data to verify the existence of "resource curse", and it has also made an empirical test to its generation mechanism based on the threshold model from the point of institutional quality and technical innovation, while at the same time it made an empirical analysis of the influence factors of threshold variable. The results showed that: 1) natural resources and economic development exist significantly a single threshold effect based on the institutional quality and technology investment level. The enhance in the institutional quality and technology investment level can effectively improve resources dependence's negative effects on economic growth; 2) resource dependency is the key reason to produce a curse, though resource abundance and economic growth have shown a positive correlation relationship, but their impact on the institutional quality and technology investment level is negative correlated, while resource development has extrusion effects on the technological innovation. The empirical results also show that the adjustment of industrial structure can alleviate economic growth dependence on natural resources to some extent, but lacks stability.

Key words: institutional quality, technology innovation, resource curse, threshold effect, transmission mechanism

CLC Number:

F224.0

Dong Lihong, Yan Taihua, Zou Qing. Institutional quality, extrusion effects of technology innovation and resource curse based on the empirical analysis of China's provincial panel data[J]. Science Research Management, 2015, 36(2): 88-95.

References

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