博文经济学社讲座之七——剖析企业创新对生长率增长的贡献
讲座名称：
博文经济学社讲座之七——剖析企业创新对生长率增长的贡献
讲座时间：
2017-06-15
讲座人：
戴小勇
形式：
校区：
兴庆校区
实践学分：
讲座内容：
报告题目：剖析企业创新对生长率增长的贡献（Decomposing the contribution of firm innovation to aggregate productivity growth）
报告时间：6.15周四晚7点
报告地点：主楼八楼报告厅
报告人：戴小勇
报告摘要:This paper constructs a theoretical model and extends a productivity decomposition approach to evaluate the contribution of firm innovation to aggregate productivity growth (APG). We investigate if firm innovation increases the productivity of individual firms, reallocates resources across firms, and eventually improves aggregate productivity. Using a large sample of Chinese manufacturing firms, the results indicate that firms become more productive and attract more resources after implementing innovation. At the industry level, firm innovation improves aggregate industry productivity through both firm-level productivity improvements and across-firm resource reallocations. However, the productivity decomposition results indicate resource reallocations negatively contribute to aggregate productivity for majority of industries. The contribution of resource reallocations between innovators and non-innovators to APG are also found weak and even negative during some periods. Our results suggest that firm-level innovation has not yet taken a dominant role in determining resource reallocations and APG in China. To maximize its translational efficiency into aggregate productivity, our study highlights the importance of improving resource allocation efficiency across firms.
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