Estimation of R&D capital stock in China's high-tech industry

DOI

10.2991/febm-17.2017.106How to use a DOI?

Keywords

high-tech industry; R&D expenses; capital stock; perpetual inventory method; depreciation rate; price index

Abstract

R&D capital stock is often used in the study of high-tech industry, but there are some deficiencies in the existing methods of measuring R&D capital stock. Based on the existing literature, a new method to estimate R&D capital stock is proposed in this paper. We measure the R&D capital stock of 17 industry segments in China's high-tech industry from 2009 to 2015 by this new method and compare the results with the ones calculated by previous methods. It turned out that different measurement ideas and parameter settings have a great influence on the measurement results.

Copyright

© 2017, 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  - Yan Zou
AU  - Lingjie Meng
PY  - 2017/10
DA  - 2017/10
TI  - Estimation of R&D capital stock in China's high-tech industry
BT  - Proceedings of the Second International Conference On Economic and Business Management (FEBM 2017)
PB  - Atlantis Press
SP  - 784
EP  - 790
SN  - 2352-5428
UR  - https://doi.org/10.2991/febm-17.2017.106
DO  - 10.2991/febm-17.2017.106
ID  - Zou2017/10
ER  -