The Impact of Fiscal Spending, Innovation Output on Economic Growth—Empirical Analysis Based on Mediating Effects Model
- 10.2991/978-2-494069-31-2_63How to use a DOI?
- Fiscal expenditure; Innovation output; Economic growth; Mediation effect
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.
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Cite this article
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 -