Researches about factor market distortions on the impacting factors of international technology spillover

Abstract

In this paper, we selected 1999-2015 Provincial Panel Data in China statistical yearbook. The effects of factor market distortions on international technology spillovers are discussed. In the factor market distorted elements of the market to promote the rapid growth of the economy in the short term, it may inhibit the international technology spillover effect, but the move is beneficial to realize the sustainability of high quality economic growth. The results showed that the technology spillover effects of the import trade, FDI and patent applications presented different feature in different stages. The article from the perspective of the development of technology breakthrough summarizes factors price distortions on the international technology spillover mechanism and study with the policy changes, elements of the market to improve dynamic changes, the factor price distortion effect of international technology spillovers stage effect.