Study on Economy Growth and Employment of R&D Based on Empirical

DOI

10.2991/hsmet-18.2018.152How to use a DOI?

Keywords

R&D; VAR; Employment

Abstract

With slow growth and quality priority as the main characters of “New Normal” in economy, R&D is one of the main methods for improving quality and efficiency of economy and industrial transformation and upgrading. VAR model was constructed to analyze the impacts of R&D to economy growth and employment based on data of R&D, GDP and employment among 1996 and 2015. It shows that R&D brings obviously promotion to economy growth and significantly related to employment. However, Continuous reinforcement of R&D input is required because of high attenuation of impacts, and well education system and enough reserve of talents are needed because of employment fluctuation due to R&D, according to impulse analysis.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Shaoli He
AU  - Jun Wang
PY  - 2018/06
DA  - 2018/06
TI  - Study on Economy Growth and Employment of R&D Based on Empirical
BT  - Proceedings of the 2018 3rd International Conference on Humanities Science, Management and Education Technology (HSMET 2018)
PB  - Atlantis Press
SP  - 767
EP  - 770
SN  - 2352-5398
UR  - https://doi.org/10.2991/hsmet-18.2018.152
DO  - 10.2991/hsmet-18.2018.152
ID  - He2018/06
ER  -