Economic Growth, Independent Innovation and Industrial Structure: Evidence from Beijing, Tianjin and Hebei

DOI

10.2991/mmsa-18.2018.104How to use a DOI?

Keywords

semi-parametric panel space vector auto-regression model; economic growth; independent innovation; industrial structure; tax structure

Abstract

We use semi-parametric panel space vector auto-regression approach and impulse response function to analyze the dynamical interplay among economic growth, independent innovation and industrial structure in Beijing, Tianjin and Hebei. Estimation results show that, independent innovation and industrial structure shocks of Beijing gave a weak positive effect on economic growth, independent innovation and industrial structure of the contiguity areas. Industrial structure shocks of Tianjin and Hebei gave a reverse ‘N’ shaped effect on economic growth, independent innovation and industrial structure of the contiguity areas. Besides, we use the semi-parametric part to analyze the influence of tax structure on the three, it is found that the ratio of commodity tax to income tax is reasonable between 5.7 and 5.8, which can promote the coordinated development between economic growth, independent innovation and industrial structure.

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/).

Download article (PDF)

TY  - CONF
AU  - Zhenxin Wu
AU  - Zhixian Du
PY  - 2018/03
DA  - 2018/03
TI  - Economic Growth, Independent Innovation and Industrial Structure: Evidence from Beijing, Tianjin and Hebei
BT  - Proceedings of the 2018 International Conference on Mathematics, Modelling, Simulation and Algorithms (MMSA 2018)
PB  - Atlantis Press
SP  - 468
EP  - 472
SN  - 1951-6851
UR  - https://doi.org/10.2991/mmsa-18.2018.104
DO  - 10.2991/mmsa-18.2018.104
ID  - Wu2018/03
ER  -