A comparative empirical research on the economic growth effects of China’s import technological sophistication

Shao Jianchun

Science Research Management ›› 2017, Vol. 38 ›› Issue (3) : 128-134.

Science Research Management ›› 2017, Vol. 38 ›› Issue (3) : 128-134.

A comparative empirical research on the economic growth effects of China’s import technological sophistication

  • Shao Jianchun
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Abstract

This paper firstly calculates China’s manufactures’ and services’ import technological sophistication on the basis of 197 economies’ manufactures’ as well as 98 economies’ services’ data of 2001-2013,and after constructing a VAR model following unit root and co-integration tests,makes a comparative empirical analysis of their economic growth effects using impulse response and variance decomposition. The findings reveal that the increase of China’s manufactures’ and services’ import technological sophistication each has a positive driving effect on China’s economic growth; and compared with the manufactures’, the services’ import technological sophistication demonstrates an even stronger impact on as well as makes more contributions to China’s economic growth.

Key words

import technological sophistication / economic growth / VAR model

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Shao Jianchun. A comparative empirical research on the economic growth effects of China’s import technological sophistication[J]. Science Research Management. 2017, 38(3): 128-134

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