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The Chinese government has been using various subsidies to encourage innovations by Chinese firms. This paper examines the allocation and impacts of innovation subsidies, using the data from the China Employer Employee Survey (CEES). We find that the innovation subsidies are preferentially...
Persistent link: https://www.econbiz.de/10012895014
China is the world's largest user of industrial robots. In 2016, sales of industrial robots in China reached 87,000 units, accounting for around 30 percent of the global market. To put this number in perspective, robot sales in all of Europe and the Americas in 2016 reached 97,300 units...
Persistent link: https://www.econbiz.de/10012867181
As China's economy enters a new normal, the significance of labor force, capital and other traditional factors has been gradually undermined; therefore, it is imperative to find new impetus driving economic growth. Based on the analysis of the macro-quality observation data of 2014, this paper...
Persistent link: https://www.econbiz.de/10013012688
The Chinese government has been using various subsidies to encourage innovations by Chinese firms. This paper examines the allocation and impacts of innovation subsidies, using the data from the China Employer Employee Survey (CEES). We find that the innovation subsidies are preferentially...
Persistent link: https://www.econbiz.de/10012479388
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