Technology Spillover,Independent Innovation and Economic Fluctuation in China
OUYANG Qiu-zhen1,CHEN Zhao2
1.College of Economics and Management, Hunan University of Arts and Science, Changde 415000, China; 2.School of international Trade Economics, GDUFS, Guangzhou 510420, China
Abstract This paper empirically analyzes the relationship among technology spillover, independent innovation and economic fluctuation relation in China by economic growth theory with the trade data from 1990 to 2010. It is found that the technology spillover from FDI affects on China’s economic fluctuation mostly, and the technical impact from the FDI can reduce China’s economy fluctuation without considering the absorption capability; the technology spillover from import accelerates economic fluctuations in China; the domestic technology innovation has minimal effect on economic fluctuation with negative effect. Considering the absorption capability, all variables remains with the original. The impulse response function and variance decomposition results basically support the conclusion.
2013, Vol. 1 
