Using panel data from the China Family Panel Studies for 2010,2014 and 2016,this paper uses a two-part model,with the first part using a fixed-effects panel logit model and the second part using a linear logit fixed-e...Using panel data from the China Family Panel Studies for 2010,2014 and 2016,this paper uses a two-part model,with the first part using a fixed-effects panel logit model and the second part using a linear logit fixed-effects model to study the impact of Internet usage on Chinese households’participation in risky financial markets and the intensity of investment in risky assets after participation.The results find that Internet usage can promote household participation in the risky finance market and increase household investment in risky assets.Therefore,accelerating Internet usage can promote Chinese households’participation in the risk finance market.展开更多
Researches in the impact of the information technology on R&D activities have been noticed since this century to provide a foundation for the relationship between information technology and R&D activities.Usin...Researches in the impact of the information technology on R&D activities have been noticed since this century to provide a foundation for the relationship between information technology and R&D activities.Using methods of spatial econometrics,this paper examines the impact of Internet on innovation and its spatial spillovers between Chinese provinces over 2001-2007.This paper find that Internet plays an important role in innovative activities,and spatial spillovers of the provinces to its neighbors are positive but weak when spatial effect of endogenous spatial lag variable is taken into consideration.展开更多
文摘Using panel data from the China Family Panel Studies for 2010,2014 and 2016,this paper uses a two-part model,with the first part using a fixed-effects panel logit model and the second part using a linear logit fixed-effects model to study the impact of Internet usage on Chinese households’participation in risky financial markets and the intensity of investment in risky assets after participation.The results find that Internet usage can promote household participation in the risky finance market and increase household investment in risky assets.Therefore,accelerating Internet usage can promote Chinese households’participation in the risk finance market.
文摘Researches in the impact of the information technology on R&D activities have been noticed since this century to provide a foundation for the relationship between information technology and R&D activities.Using methods of spatial econometrics,this paper examines the impact of Internet on innovation and its spatial spillovers between Chinese provinces over 2001-2007.This paper find that Internet plays an important role in innovative activities,and spatial spillovers of the provinces to its neighbors are positive but weak when spatial effect of endogenous spatial lag variable is taken into consideration.
