Research on the Institutional Influence on the Development of the High-Tech Industry
This paper measures and analyzes the institutional influence on the development of China's high-tech industry from 1995 to 2016. The following discoveries are shown. The institutional environment on which China's high-tech industry depends has shown an increasing trend in recent years, but...
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doaj-0958ab4dded24a28808dfd2ce060e4d42021-03-30T02:37:41ZengIEEEIEEE Access2169-35362020-01-018908959090610.1109/ACCESS.2020.29941649091816Research on the Institutional Influence on the Development of the High-Tech IndustryHaichao Li0https://orcid.org/0000-0002-4870-6120Yilong Sheng1https://orcid.org/0000-0003-3760-4265Yanqi Ding2https://orcid.org/0000-0003-0489-5027School of Economics and Management, Harbin Engineering University, Harbin, ChinaCollege of Agriculture and Rural Development, Renmin University of China, Beijing, ChinaSchool of Economics and Management, Harbin Engineering University, Harbin, ChinaThis paper measures and analyzes the institutional influence on the development of China's high-tech industry from 1995 to 2016. The following discoveries are shown. The institutional environment on which China's high-tech industry depends has shown an increasing trend in recent years, but its momentum is obviously weaker than that in the early stage. The calculation results are the same and comprehensive whether the institutional variable is substituted directly into the production function as the explanatory variable or if it is put into the capital stock, labor force and Total factor productivity regression equations. The institutional influences on the input-output of the high-tech industry are very clear and positive, and its influence on the TFP is the greatest. Therefore, the continuous improvement of the institutional environment of high-tech industries is conducive to promoting the high-quality development of the industry.https://ieeexplore.ieee.org/document/9091816/Contribution ratehigh-tech industryinstitutional factorSolo model |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Haichao Li Yilong Sheng Yanqi Ding |
spellingShingle |
Haichao Li Yilong Sheng Yanqi Ding Research on the Institutional Influence on the Development of the High-Tech Industry IEEE Access Contribution rate high-tech industry institutional factor Solo model |
author_facet |
Haichao Li Yilong Sheng Yanqi Ding |
author_sort |
Haichao Li |
title |
Research on the Institutional Influence on the Development of the High-Tech Industry |
title_short |
Research on the Institutional Influence on the Development of the High-Tech Industry |
title_full |
Research on the Institutional Influence on the Development of the High-Tech Industry |
title_fullStr |
Research on the Institutional Influence on the Development of the High-Tech Industry |
title_full_unstemmed |
Research on the Institutional Influence on the Development of the High-Tech Industry |
title_sort |
research on the institutional influence on the development of the high-tech industry |
publisher |
IEEE |
series |
IEEE Access |
issn |
2169-3536 |
publishDate |
2020-01-01 |
description |
This paper measures and analyzes the institutional influence on the development of China's high-tech industry from 1995 to 2016. The following discoveries are shown. The institutional environment on which China's high-tech industry depends has shown an increasing trend in recent years, but its momentum is obviously weaker than that in the early stage. The calculation results are the same and comprehensive whether the institutional variable is substituted directly into the production function as the explanatory variable or if it is put into the capital stock, labor force and Total factor productivity regression equations. The institutional influences on the input-output of the high-tech industry are very clear and positive, and its influence on the TFP is the greatest. Therefore, the continuous improvement of the institutional environment of high-tech industries is conducive to promoting the high-quality development of the industry. |
topic |
Contribution rate high-tech industry institutional factor Solo model |
url |
https://ieeexplore.ieee.org/document/9091816/ |
work_keys_str_mv |
AT haichaoli researchontheinstitutionalinfluenceonthedevelopmentofthehightechindustry AT yilongsheng researchontheinstitutionalinfluenceonthedevelopmentofthehightechindustry AT yanqiding researchontheinstitutionalinfluenceonthedevelopmentofthehightechindustry |
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