Demonstration Analysis of Relationship Between R&D Investment and GDP
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Graphical Abstract
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Abstract
To reveal the quantitative relationship between research and development(R&D) investment and gross domestic product(GDP) in China, we have demonstrated and analyzed the relationship between R&D investment and science and technology(S&T) progress, and based on a mount of S&T statistical data, have proceeded demonstration research of the relationship between R&D investment and GDP in China with Solow and vector auto regression(VAR) models. Cubic curve fitting and cross-correlation analysis of them with SPSS have shown that there is a strong synchronic relationship between R&D investment and GDP.
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