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Emerging Markets Finance and Trade Volume 55, 2019 - Issue 11: Symposium: Finance, Development and Trade in Emerging Economies
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Finance, Development and Trade in Emerging Economies

R&D Efforts, Total Factor Productivity, and the Energy Intensity in China

Xiaobo ShenSchool of Economics, China Center for Energy Economics Research, Xiamen University, Xiamen, ChinaView further author information
,
Boqiang LinSchool of Management, China Institute for Studies in Energy Policy, Collaborative Innovation Center for Energy Economics and Energy Policy, Xiamen University, Xiamen, ChinaView further author information
&
Wei WuSchool of Economics, China Center for Energy Economics Research, Xiamen University, Xiamen, ChinaCorrespondence[email protected]
View further author information
Pages 2566-2588 | Published online: 27 Feb 2019
 
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ABSTRACT

This paper first measures the levels and growths of regional TFP in China using a panel dataset of China’s 30 provinces from 1978–2014. It then estimates the effects of R&D on regional TFP and its growth further explores the impact of TFP on China’s energy intensity. We find no evidence that R&D has innovation and spillover effects on TFP and its growth in China’s provinces. Nevertheless, R&D can promote growth in regional TFP by helping to absorb new technologies embodied in FDI and foreign trade. The results indicate that TFP plays a significant role in the decline of China’s energy intensity.

Additional information

Funding

The paper is supported by China National Social Science Fund (No. 18BJL057), Report Series from Ministry of Education of China (No.10JBG013), and China National Social Science Fund (No. 17AZD013).

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