Paper Title:
Empirical Analysis of R&D Investment Effect to Chinese Rural Infrastructure on Economic Growth of Agriculture
  Abstract

This article made an empirical analysis by utilizing data from 1990 to 2009 in China,The co-integration test indicated that there existed a long equilibrium relationship between public investment to agricultural research and development and agricultural growth during long period. Pulse response function showed that impact of agricultural growth to public investment to agricultural research and development presented certain negative responses during short period; positive responses during long period, and presented an accelerating trend. Variance decomposition to agricultural growth also showed that effect of public investment to agricultural research and development was not distinct during short period, but the positive effect of research and development would be highlighted over time, and there was a significant influence on agricultural growth.

  Info
Periodical
Chapter
Chapter 3: Advanced Manufacturing Technology (1)
Edited by
Dongye Sun, Wen-Pei Sung and Ran Chen
Pages
1460-1464
DOI
10.4028/www.scientific.net/AMM.121-126.1460
Citation
G. J. Tong, D. H. Zhao, "Empirical Analysis of R&D Investment Effect to Chinese Rural Infrastructure on Economic Growth of Agriculture", Applied Mechanics and Materials, Vols. 121-126, pp. 1460-1464, 2012
Online since
October 2011
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Price
$32.00
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