中国与世界经济：英文版
中國與世界經濟：英文版
중국여세계경제：영문판
China & World Economy
2010年
5期
72~89
,共null页
Chih-Hai Yang Chun-Hung Lin Daw Ma
Chih-Hai Yang Chun-Hung Lin Daw Ma
Chih-Hai Yang Chun-Hung Lin Daw Ma
人力资本投资 全要素生产率 因果关系 技术能力 技术来源 生产力 内源性 保险
人力資本投資 全要素生產率 因果關繫 技術能力 技術來源 生產力 內源性 保險
인력자본투자 전요소생산솔 인과관계 기술능력 기술래원 생산력 내원성 보험
insurance, productivity, R＆D, training
Usingfirm-level panel data covering 2005-2007, the present paper examines the effects of R＆D and human capital investment on productivity in China＇s electronics industry. It is found that both R＆D and on-the-job training positively contribute to total factor productivity （TFP）. Firms＇ investment inemployees＇ health insurance andpensions, whichare components of workers＇ compensation, generate a productivity-enhancing effect, supporting the efficiency wage hypothesis. The estimated impact of R＆D on productivity varies among different forms of ownership, and foreign-owncd enterprises experience higher R＆D efficiency than state or private enterprises. After controlling for potential endogenous causality between TFP and R＆D, the above findings remain unchanged We also find that on-the-job training can improve the quality of human capital and is helpful in promoting productivity. Therefore, establishing indigenous technological capability through various technological sources is quite important, and the government should devote further effort to investing in human capital.
