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| Title: | 政府債務對於創新影響的實證分析
An Empirical Study on the Impact of Government Debt on Innovation |
| Authors: | 林冠宏
Lin, Guan-Hong |
| Contributors: | 吳文傑
Wu, Wen-Chieh
林冠宏
Lin, Guan-Hong |
| Keywords: | 創新
全球創新指數
專利權
政府債務
Innovation
Global Innovation Index
Patent
Government debt |
| Date: | 2023 |
| Issue Date: | 2023-08-02 14:00:03 (UTC+8) |
| Abstract: | 本文旨在研究影響國家創新能力的因素，其中著重於分析政府債務的影響，並使用OECD部分會員國西元2008年至2019年的追蹤資料進行研究，探討各項因素對於國家創新能力所產生的效果。
本文將政府債務對於國家創新能力的影響分為正向的創新建設效果與負向的債務排擠效果，相反的兩種效果加總後即為淨效果。這兩種效果的大小會因不同國家或時間的背景條件而有所差異，以不同的變數衡量創新也會得出不同結果，因此政府債務對創新的影響依國家、時間或創新衡量方式而異。
實證結果顯示，政府債務對於國家創新有正向影響。隨機效果模型與一元固定效果模型中，政府債務對於全球創新指數、專利權申請數皆有顯著的正向影響；二元固定效果模型中，政府債務對於專利權申請數有顯著的正向影響，但對於全球創新指數為正向不顯著影響。因此創新建設效果大於債務排擠效果，政府債務能促進國家創新能力與創新產出增加，此結論異於過去創新相關文獻。推論原因是近年創新趨勢所需的資金與建設投入越來越多，當政府以公債投入創新建設時，除了能推動國家創新發展，更能進一步加速私人創新研發能力。
另外，本文發現企業研究與發展支出、期刊研究數量、研究員數量對於創新具正向影響，為創新促進因子；政府研究與發展支出對於創新具負向影響，為創新惡化因子。
This paper aims to study the factors influencing national innovation capabilities, with a particular focus on the impact of government debt. The research is conducted using longitudinal data of selected OECD member countries from 2008 to 2019.
The impact of government debt on national innovation capabilities is divided into two aspects: the innovation construction effect and the debt crowding out effect. The magnitude of these effects may vary across country or time periods, measuring innovation with different variables may also yield different results.
The empirical results indicate that government debt has a positive effect on national innovation capabilities. In the random effects model and the one-way fixed effects model, government debt has a significant positive effect on Global Innovation Index and patent applications. In the two-way fixed effects model, government debt has a significant positive effect on patent applications, but the impact on the Global Innovation Index is insignificant. This result shows that the innovation construction effect outweighs the debt crowding out effect, enabling government debt to promote national innovation capabilities and increase innovation output. This conclusion differs from previous literature on innovation. It is inferred that the innovation trend in recent years necessitates a greater investment of funds and infrastructure. When the government invests in innovation and infrastructure through public debt, it not only promotes the country`s innovative development but also further accelerates private innovation and research capabilities.
Furthermore, the empirical results show that enterprise research and development expenditure, the quantity of journal articles, and the number of researchers have a positive influence on innovation, serving as innovation-promoting factors. By contrast, government expenditures on research and development have a negative impact on innovation, acting as a innovation-deteriorating factors. |
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| Description: | 碩士
國立政治大學
財政學系
110255030 |
| Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0110255030 |
| Data Type: | thesis |
| Appears in Collections: | [財政學系] 學位論文
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