Open Access Journal Article

How do R&D factors affect total factor productivity: based on stochastic frontier analysis method

by Shikuan Zhao a,* orcid ,  Wen Tian b  and  Abd Alwahed Dagestani c, d orcid
a
School of Public Policy and Administration, Chongqing University, Chongqing, China
b
Institute of Finance and Economics, Shanghai University of Finance and Economics, Shanghai, China
c
School of Business, Central South University, Changsha, China
d
Faculty of Economics, University of Tishreen, Lattakia, Syria
*
Author to whom correspondence should be addressed.
EAL  2022 1(2):10; https://doi.org/10.58567/eal01020005
Received: 22 November 2022 / Accepted: 25 December 2022 / Published Online: 28 December 2022
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Abstract

Based on provincial panel data from 1998-2018, this paper estimates research and development (R&D) factors, and a stochastic frontier analysis (SFA) model is constructed to examine the effects of R&D factors on regional total factor productivity (TFP). The results show that both R&D capital stock and R&D personnel can significantly promote regional TFP, but the productivity-enhancing effect of R&D factors is different between regions. Specifically, R&D capital and R&D personnel can promote TFP in eastern and central provinces, and the promotion effect is not significant in western provinces. In addition, compared with investment-driven regions, innovation-driven regions are more likely to enhance TFP by R&D factors.

Keywords: R&D capital; R&D personnel; Total factor productivity; SFA approach;
Copyright: © 2022 by Zhao, Tian and Dagestani. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

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ACS Style
Zhao, S.; Tian, W.; Dagestani, A. A. How do R&D factors affect total factor productivity: based on stochastic frontier analysis method. Economic Analysis Letters, 2022, 1, 10. https://doi.org/10.58567/eal01020005
AMA Style
Zhao S, Tian W, Dagestani A A. How do R&D factors affect total factor productivity: based on stochastic frontier analysis method. Economic Analysis Letters; 2022, 1(2):10. https://doi.org/10.58567/eal01020005
Chicago/Turabian Style
Zhao, Shikuan; Tian, Wen; Dagestani, Abd A. 2022. "How do R&D factors affect total factor productivity: based on stochastic frontier analysis method" Economic Analysis Letters 1, no.2:10. https://doi.org/10.58567/eal01020005
APA style
Zhao, S., Tian, W., & Dagestani, A. A. (2022). How do R&D factors affect total factor productivity: based on stochastic frontier analysis method. Economic Analysis Letters, 1(2), 10. https://doi.org/10.58567/eal01020005

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References

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