The Threshold Effect of Sci-tech Finance on Sci-tech Innovation--Empirical Analysis for Provincial Panel Data in China
- DOI
- 10.2991/icemeet-16.2017.75How to use a DOI?
- Keywords
- Sci-tech finance; Sci-tech innovation; Threshold model; Threshold effect
- Abstract
Based on the panel data of 29 provinces(except Tibet and Hainan)over 2001-2013 period in China, this paper uses threshold panel model to empirical analysis whether they have non-linear and threshold effect between sci-tech finance and sci-tech innovation. The results show that the influence of sci-tech finance on sci-tech innovation in the chinese provinces is not linear, and has obvious threshold effect. Besides, at a relatively low level of economic development, sci-tech finance has a negative impact on the sci-tech innovation. But when economic development to be a certain extent, sci-tech finance would promote sci-tech innovation enhance.
- Copyright
- © 2017, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Weike Zhang AU - Xiaoli Tian AU - Jiang Du PY - 2017/01 DA - 2017/01 TI - The Threshold Effect of Sci-tech Finance on Sci-tech Innovation--Empirical Analysis for Provincial Panel Data in China BT - Proceedings of the 2016 2nd International Conference on Economics, Management Engineering and Education Technology (ICEMEET 2016) PB - Atlantis Press SP - 360 EP - 365 SN - 2352-5398 UR - https://doi.org/10.2991/icemeet-16.2017.75 DO - 10.2991/icemeet-16.2017.75 ID - Zhang2017/01 ER -