Research on Contribution Rate of Independent Innovation to Economic Growth: Evidence from Changshou District of Chongqing City in China

Using the data of Chongqing Statistical Yearbooks from 2015 to 2020 and based on the Cobb-Douglas production function of Solow residual method, this paper constructs a functional relationship model among GDP, employment number, fixed asset investment, and economic growth. The contribution rate of in...

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Autores principales:	Xing Wang, Yuhong Wang
Formato:	article
Lenguaje:	EN
Publicado:	Hindawi Limited 2021
Materias:	Engineering (General). Civil engineering (General) TA1-2040 Mathematics QA1-939
Acceso en línea:	https://doaj.org/article/5ed2c8706b514a6aae21f4967353f882
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id	oai:doaj.org-article:5ed2c8706b514a6aae21f4967353f882
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spelling	oai:doaj.org-article:5ed2c8706b514a6aae21f4967353f8822021-11-08T02:35:29ZResearch on Contribution Rate of Independent Innovation to Economic Growth: Evidence from Changshou District of Chongqing City in China1563-514710.1155/2021/6205441https://doaj.org/article/5ed2c8706b514a6aae21f4967353f8822021-01-01T00:00:00Zhttp://dx.doi.org/10.1155/2021/6205441https://doaj.org/toc/1563-5147Using the data of Chongqing Statistical Yearbooks from 2015 to 2020 and based on the Cobb-Douglas production function of Solow residual method, this paper constructs a functional relationship model among GDP, employment number, fixed asset investment, and economic growth. The contribution rate of independent innovation in Changshou District of Chongqing City is improved by using polynomial distributed lag model. Besides, the contribution rate of independent innovation in Shapingba District, Yuzhong District, Jiangbei District, and Beibei District of Chongqing City is compared with that in Changshou District. The research shows that, overall, independent innovation contributes a lot to the economic growth of Changshou District, but its contribution rate is in a slowly declining state. The government needs to take active measures to improve the level of independent innovation and promote the regional economic growth.Xing WangYuhong WangHindawi LimitedarticleEngineering (General). Civil engineering (General)TA1-2040MathematicsQA1-939ENMathematical Problems in Engineering, Vol 2021 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Engineering (General). Civil engineering (General) TA1-2040 Mathematics QA1-939
spellingShingle	Engineering (General). Civil engineering (General) TA1-2040 Mathematics QA1-939 Xing Wang Yuhong Wang Research on Contribution Rate of Independent Innovation to Economic Growth: Evidence from Changshou District of Chongqing City in China
description	Using the data of Chongqing Statistical Yearbooks from 2015 to 2020 and based on the Cobb-Douglas production function of Solow residual method, this paper constructs a functional relationship model among GDP, employment number, fixed asset investment, and economic growth. The contribution rate of independent innovation in Changshou District of Chongqing City is improved by using polynomial distributed lag model. Besides, the contribution rate of independent innovation in Shapingba District, Yuzhong District, Jiangbei District, and Beibei District of Chongqing City is compared with that in Changshou District. The research shows that, overall, independent innovation contributes a lot to the economic growth of Changshou District, but its contribution rate is in a slowly declining state. The government needs to take active measures to improve the level of independent innovation and promote the regional economic growth.
format	article
author	Xing Wang Yuhong Wang
author_facet	Xing Wang Yuhong Wang
author_sort	Xing Wang
title	Research on Contribution Rate of Independent Innovation to Economic Growth: Evidence from Changshou District of Chongqing City in China
title_short	Research on Contribution Rate of Independent Innovation to Economic Growth: Evidence from Changshou District of Chongqing City in China
title_full	Research on Contribution Rate of Independent Innovation to Economic Growth: Evidence from Changshou District of Chongqing City in China
title_fullStr	Research on Contribution Rate of Independent Innovation to Economic Growth: Evidence from Changshou District of Chongqing City in China
title_full_unstemmed	Research on Contribution Rate of Independent Innovation to Economic Growth: Evidence from Changshou District of Chongqing City in China
title_sort	research on contribution rate of independent innovation to economic growth: evidence from changshou district of chongqing city in china
publisher	Hindawi Limited
publishDate	2021
url	https://doaj.org/article/5ed2c8706b514a6aae21f4967353f882
work_keys_str_mv	AT xingwang researchoncontributionrateofindependentinnovationtoeconomicgrowthevidencefromchangshoudistrictofchongqingcityinchina AT yuhongwang researchoncontributionrateofindependentinnovationtoeconomicgrowthevidencefromchangshoudistrictofchongqingcityinchina
_version_	1718443187577552896

Research on Contribution Rate of Independent Innovation to Economic Growth: Evidence from Changshou District of Chongqing City in China

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