Proceedings of the 3rd International Conference on Judicial, Administrative and Humanitarian Problems of State Structures and Economic Subjects (JAHP 2018)

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R&D Investment Decision, Monetary Policy and Enterprise Productivity

Authors
Yan Zhao
Corresponding Author
Yan Zhao
Available Online August 2018.
DOI
10.2991/jahp-18.2018.140How to use a DOI?
Keywords
monetary policy; R&D Investment; enterprise productivity
Abstract

R&D investment decisions and enterprise productivity are among the hot topics in the academic community; however the mediating role of monetary policy between R&D investment decision and enterprise productivity is less studied by scholars. This article selects companies listed on the Shanghai and Shenzhen A shares from 2004 to 2017 as research samples, Total factor productivity based on the micro level of the enterprise, examines the impact of monetary policy and R&D investment decision on productivity level. Empirical research results show: Monetary Policy Promotes R&D Investment Decisions in Enterprises, Monetary policy has a positive effect on the improvement of enterprise productivity, R&D investment increases business productivity, Monetary policy has a moderating effect between R&D investment decisions and corporate productivity.

Copyright
© 2018, 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/).

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Volume Title
Proceedings of the 3rd International Conference on Judicial, Administrative and Humanitarian Problems of State Structures and Economic Subjects (JAHP 2018)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
August 2018
ISBN
978-94-6252-565-8
ISSN
2352-5398
DOI
10.2991/jahp-18.2018.140How to use a DOI?
Copyright
© 2018, 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

risenwbib
TY  - CONF
AU  - Yan Zhao
PY  - 2018/08
DA  - 2018/08
TI  - R&D Investment Decision, Monetary Policy and Enterprise Productivity
BT  - Proceedings of the 3rd International Conference on Judicial, Administrative and Humanitarian Problems of State Structures and Economic Subjects (JAHP 2018)
PB  - Atlantis Press
SP  - 680
EP  - 688
SN  - 2352-5398
UR  - https://doi.org/10.2991/jahp-18.2018.140
DO  - 10.2991/jahp-18.2018.140
ID  - Zhao2018/08
ER  -