Innovation factor double circulation: Cross-border mobility and the manufacturing industry's total factor productivity.

ABSTRACT:

Objectives

The improvement of the manufacturing industry's total factor productivity depends not only on innovation factor double circulation, but also on cross-border mobility to a large extent.

Methodology

This paper constructs a model that demonstrates the impact of innovation factor double circulation and cross-border flow on the manufacturing industry's total factor productivity, and it seeks to estimate this impact by using panel data from China's manufacturing industry taken from the period 2009-2020.

Findings

It finds the path dependence of innovation factors significantly increased their double circulation cost, and did not significantly improve the manufacturing industry's total factor productivity.

Conclusion

It finds the path dependence of innovatio

SUBMITTER: Song W 

PROVIDER: S-EPMC10132532 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature