R&D, Human Capital Investment and Productivity: Firm-level Evidence from China's Electronics Industry | |
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學年 | 99 |
學期 | 1 |
出版(發表)日期 | 2010-10-01 |
作品名稱 | R&D, Human Capital Investment and Productivity: Firm-level Evidence from China's Electronics Industry |
作品名稱(其他語言) | |
著者 | Yang, Chih-hai; Lin, Chun-hung; Ma, Daw |
單位 | 淡江大學產業經濟學系 |
出版者 | Chichester: Wiley-Blackwell Publishing Ltd. |
著錄名稱、卷期、頁數 | China & World Economy=中國與世界經濟(英文版) 18(5), pp.72-89 |
摘要 | Using firm-level panel data covering 2005–2007, the present paper examines the effects of R&D and human capital investment on productivity in China's electronics industry. It is found that both R&D and on-the-job training positively contribute to total factor productivity (TFP). Firms' investment in employees' health insurance and pensions, which are components of workers' compensation, generate a productivity-enhancing effect, supporting the efficiency wage hypothesis. The estimated impact of R&D on productivity varies among different forms of ownership, and foreign-owned enterprises experience higher R&D efficiency than state or private enterprises. After controlling for potential endogenous causality between TFP and R&D, the above findings remain unchanged. We also find that on-the-job training can improve the quality of human capital and is helpful in promoting productivity. Therefore, establishing indigenous technological capability through various technological sources is quite important, and the government should devote further effort to investing in human capital. |
關鍵字 | insurance;productivity;R&D;training |
語言 | en |
ISSN | 1749-124X |
期刊性質 | 國外 |
收錄於 | SSCI |
產學合作 | |
通訊作者 | Ma, Daw |
審稿制度 | |
國別 | GBR |
公開徵稿 | |
出版型式 | 電子版 |
相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/61089 ) |
SDGS | 尊嚴就業與經濟發展,產業創新與基礎設施 |