Proceedings of the 2022 6th International Seminar on Education, Management and Social Sciences (ISEMSS 2022)

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The Impact of Fiscal Spending, Innovation Output on Economic Growth—Empirical Analysis Based on Mediating Effects Model

Authors
Longming Shen1, *
1School of Government, Beijing Normal University, Beijing, China
*Corresponding author. Email: shenlongming@163.com
Corresponding Author
Longming Shen
Available Online 29 December 2022.
DOI
10.2991/978-2-494069-31-2_63How to use a DOI?
Keywords
Fiscal expenditure; Innovation output; Economic growth; Mediation effect
Abstract

Based on panel data of 29 provinces from 2007 to 2016, this paper constructs an intermediary effect model to study the direct effect of fiscal expenditure on economic growth and the intermediary effect of fiscal expenditure on economic growth by promoting innovative output. The results show that fiscal expenditure on people's livelihood significantly promotes innovative output and economic growth, among which the effect of promoting The results show that fiscal expenditure on people’s livelihood significantly promotes innovative output and economic growth, among which the effect of promoting innovative output is linear and the effect of promoting economic growth marginal decreases. Innovation output significantly promotes economic growth and marginal increases. The promotion effect of livelihood fiscal expenditure on economic growth includes the direct effect of promoting economic growth and the intermediary effect of promoting Although the part of direct effect and the total effect marginal decreases, the part of mediating effect increases.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 6th International Seminar on Education, Management and Social Sciences (ISEMSS 2022)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
29 December 2022
ISBN
10.2991/978-2-494069-31-2_63
ISSN
2352-5398
DOI
10.2991/978-2-494069-31-2_63How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Longming Shen
PY  - 2022
DA  - 2022/12/29
TI  - The Impact of Fiscal Spending, Innovation Output on Economic Growth—Empirical Analysis Based on Mediating Effects Model
BT  - Proceedings of the 2022 6th International Seminar on Education, Management and Social Sciences (ISEMSS 2022)
PB  - Atlantis Press
SP  - 504
EP  - 520
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-494069-31-2_63
DO  - 10.2991/978-2-494069-31-2_63
ID  - Shen2022
ER  -