The Effect Of Export Trade Technology Spillover On China’s Economic Growth

Export is an important factor of economic growth.On the one hand,export trade promotes economic growth by increasing labor productivity and promoting optimal allocation of resources.On the other hand,export trade leads to technology spillover,and it will promote technological progress which leads to economic growth.Export technology spillover is a more crucial channel for economic growth.Export trade has realized technological spillover through such channels as competition effect,scale effect,technology contagion effect,"learning by doing" effect and industry-related effect.The technology spillover from export trade can effectively promote technological progress and further promote economic growth.At the same time,the related factors such as human capital,economic development level,trade openness and technology gap will affect the effect of technology spillover of export trade.In particular,the higher the level of human capital,can effectively absorb the export trade technology spillover,and then promote technological progress,and ultimately promote economic growth.From the perspective of theoretical analysis,this article first analyzes how export trade promotes economic growth by causing technology spillovers.Based on this,the paper uses the panel data of 30 provinces from 2006 to 2015 as a research sample.This articl empirically tests the relationship between export technology spillovers and economic growth.At the same time,as the level of human capital is higher,the technology spillover of export trade can be absorbed more effectively,which will have an impact on economic growth.Therefore,this paper also conducts an empirical analysis of the impact of the combined effect of human capital and the technology spillover of export trade on economic growth.Due to the different export structure and economic development in the region,this paper further conducts empirical research in two major regions: the eastern part and the central and western parts.The empirical conclusion: The technology spillover of China’s export trade can significantly promote economic growth.The combined effect of the technology spillover of export trade and human capital can significantly promote economicgrowth.A certain level of human capital can enhance the promotion effect of technology spillover of export trade on economic growth;Foreign direct investment has a significant role in promoting economic growth;the government fiscal expenditure has a significant negative effect on economic growth;and the capital stock has significantly promoted economic growth.Further studies have found that the export trade spillovers in the eastern and central and western regions have all contributed to the economic growth;the combined effects of export trade spillovers and human capital in the eastern and central and western regions have both significantly promoted economic growth;human capital,foreign direct investment,and capital stock have all significantly promoted economic growth in esat and central and western regions.Fiscal expenditure has a significant negative effect on economic growth.Finally,based on the theoretical analysis and empirical analysis,this paper puts forward the relevant Suggestions.First,make full use of export trade technology spillover to promote technological progress;Secondly,attach importance to the important role of human capital for economic growth and vigorously develop education;Third,pay attention to the role of human capital in the absorption of export trade technology spillovers and actively promote independent innovation;Fourth,actively introduce high-quality foreign direct investment to improve the efficiency of utilization;formulate a reasonable policy of fiscal;and increase the stock of capital.