Comparative Study of R&D Spillover Effect for High Technology Industry and Traditional Industry

Based on economic distance weights matrix, using the R&D input-output panel data sets of high technological industry and traditional industry in 29 provinces in China from 2001 to 2010 and spatial econometric method,this paper analyzes their R&D spillover effects respectively between provinces. The results indicate: Even though R&D in the high technology industry in China are active, the R&D spillover in this industry is lower than that in the traditional industries; R&D capital contributes to R&D output more than R&D labor for high technological industry, while the traditional industry is just the opposite.