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《Journal of Shandong University of Science and Technology(Social Sciences)》 2016-02
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Co-integration Analysis of China's Manufacturing Industry Patent Output and Operating Income

ZHOU Yanping;SHAO Yingnan;Shandong University of Science and Technology;  
Manufacturing industry is the main body of the national economy.Since China's reform and opening up,China's manufacturing industry develops rapidly,and vigorously promote the industrialization and modernization process.However,compared with other developed countries,the independent innovation ability of China's manufacturing industry is weak,so does the patent conversion rate.Based on this,this paper takes 2003-2013 Chinese manufacturing data as the foundation,using co-integration analysis to study the relationship between the patent output and operating income of China's manufacturing industry.The result shows that there is no obvious causality between Chinese manufacturing patent output and operating income of long-term equilibrium relationship.Therefore,the government need to promote the innovation and development in the manufacturing industry,accelerate the implementation of the patent,speed up the transformation and upgrading of manufacturing,and make China's manufacturing industry enhance the late-starting advantage.
【Fund】: 国家统计局全国统计科学研究计划项目(2012LY058)
【CateGory Index】: F424;F204
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