Policy-induced distortion, market-oriented correction, and R&D spatial spillover – Empirical evidence from Chinese industry

References

• Antonio, Minniti, and Francesco. Venturini. 2016. “The Long-Run Growth Effects of R&D Policy.” Research Policy 46 (1): 316–326. https://doi.org/10.1016/j.respol.2016.11.006.
   Web of Science ®Google Scholar
• Canh, Phuc Nguyen, Christophe Schinckus, and Su Dinh Thanh. 2021. “What are the Drivers of Shadow Economy? A Further Evidence of Economic Integration and Institutional Quality.” The Journal of International Trade & Economic Development 30 (1): 47–67. https://doi.org/10.1080/09638199.2020.1799428.
   Web of Science ®Google Scholar
• Commander, Simon, Hamid R. Davoodi, and Une J. Lee. 2016. “The Causes of Government and the Consequences for Growth and Well-Being.” Policy Research Working Paper 112 (1): 160–163. https://doi.org/10.1596/1813-9450-1785.
   Google Scholar
• Fang, Ju, Lei Yuliang, and Zhou Jianjun. 2016. “Economic Openness, Real Estate Prices and Their Spatial Spillover.” China Soft Science 10:147–158.
   Google Scholar
• Fisman, Raymond, and Jakob Svensson. 2007. “Are Corruption and Taxation Really Harmful to Growth? Firm Level Evidence.” Journal of Development Economics 83 (1): 63–75. https://doi.org/10.1016/j.jdeveco.2005.09.009.
   Web of Science ®Google Scholar
• Frenken, Koen, Luis R. Izquierdo, and Paolo Zeppini. 2010. “Branching Innovation, Recombinant Innovation, and Endogenous Technological Transitions.” Environmental Innovation and Societal Transitions 4:25–35. https://doi.org/10.1016/j.eist.2012.06.001.
   Google Scholar
• Hayat, Arshad. 2019. “Foreign Direct Investments, Institutional Quality, and Economic Growth.” The Journal of International Trade & Economic Development 28 (5): 561–579. https://doi.org/10.1080/09638199.2018.1564064.
   Web of Science ®Google Scholar
• Hsieh, Chang-Tai, and Peter J. Klenow. 2009. “Misallocation and Manufacturing TFP in China and India.” Quarterly Journal of Economics 124 (4): 1403–1448. https://doi.org/10.1162/qjec.2009.124.4.1403.
   Web of Science ®Google Scholar
• Khalid, Usman. 2017. “The Effect of Trade and Political Institutions on Economic Institutions.” The Journal of International Trade & Economic Development 26 (1): 89–110. https://doi.org/10.1080/09638199.2016.1206142.
   Web of Science ®Google Scholar
• Leal, Julio. 2016. “Cross-Sector Misallocation with Sector-Specific Distortions.” World Bank Economic Review 30 (3): 42–56. https://doi.org/10.1093/wber/lhw017.
   Google Scholar
• LeSage, James, and R. Kelley Pace. 2009. “Introduction to Spatial Econometrics.” Chapman & Hall CRC Press 174 (2): 19–44. https://doi.org/10.1111/j.1538-4632.2010.00797.x.
   Google Scholar
• Lewbel, Arthur. 1997. “Constructing Instruments for Regressions with Measurement Error When no Additional Data are Available, with An Application to Patents and R&D.” Econometrica 65 (5): 1201–1213. https://doi.org/10.2307/2171884.
   Web of Science ®Google Scholar
• Ligthart, Jenny E., and Peter Van Oudheusden. 2017. “The Fiscal Decentralisation and Economic Growth Nexus Revisited.” Fiscal Studies 38 (1): 141–171. https://doi.org/10.1111/1475-5890.12099.
   Web of Science ®Google Scholar
• Liu, Xielin, Sylvia Schwaag Serger, Ulrike Tagscherer, and Amber Y Chang. 2017. “Beyond Catch-Up-Can A New Innovation Policy Help China Overcome the Middle Income Trap?” Science & Public Policy 44 (5): 1–14. https://doi.org/10.1093/scipol/scw092.
   Web of Science ®Google Scholar
• McMillen, Daniel P. 2004. “Geographically Weighted Regression: The Analysis of Spatially Varying Relationships.” American Journal of Agricultural Economics 86 (2): 554–556. https://doi.org/10.1111/j.0002-9092.2004.600_2.x.
   Web of Science ®Google Scholar
• Mei, Ciqi. 2009. “Brings the Politics Back in: Political Incentive and Policy Distortion in China.” Dissertations & Theses-Gradworks 1 (1): 129–163.
   Google Scholar
• Mundlak, Yair. 1978. “On the Pooling of Time Series and Cross Section Data.” Econometrica 46 (1): 69–85. https://doi.org/10.2307/1913646.
   Web of Science ®Google Scholar
• Nikzad, Rashid, and Gamal Atallah. 2011. “Trade Policy and Innovation Policy with Asymmetric R&D Spillovers.” The Journal of Business Inquiry 10 (1): 1–32.
   Google Scholar
• Ranasinghe, Ashantha. 2014. “Impact of Policy Distortions on Firm-Level Innovation, Productivity Dynamics and TFP.” Journal of Economic Dynamics and Control 46 (9): 114–129. https://doi.org/10.1016/j.jedc.2014.06.017.
   Google Scholar
• Tianhua, Zhang, and Zhang Shaohua. 2016. “Biased Policies, Resource Allocation and the Efficiency of State-Owned Enterprises.” Economic Research 51 (2): 126–139.
   Google Scholar
• Van Kleef, Gerben A., and Carsten K. W. De Dreu. 2010. “Longer-Term Consequences of Anger Expression in Negotiation: Retaliation or Spillover?” Social Science Electronic Publishing 46 (5): 753–760. https://doi.org/10.1016/j.jesp.2010.03.013.
   Google Scholar
• Walheer, Barnabé. 2016. “Growth and Convergence of the OECD Countries: A Multi-Sector Production-Frontier Approach.” European Journal of Operational Research 252 (2): 665–675. https://doi.org/10.1016/j.ejor.2016.01.030.
   Web of Science ®Google Scholar
• Xiaojing, Zhang, Li Cheng, and Li Yu. 2018. “Distortion, Catching up and Sustainable Growth: A re-Examination of the Relationship Between the Government and the Market.” Economic Research 53 (1): 4–20.
   Google Scholar