Estimation of R&D capital stock in China's high-tech industry
Yan Zou, Lingjie Meng
Available Online October 2017.
- https://doi.org/10.2991/febm-17.2017.106How to use a DOI?
- high-tech industry; R&D expenses; capital stock; perpetual inventory method; depreciation rate; price index
- 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.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
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 - 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 - https://doi.org/10.2991/febm-17.2017.106 ID - Zou2017/10 ER -