Abstract：Most of existed literature employs state-evaluation method to measure agglomeration economies.However,a new Solow residual approach has been introduced in this paper,which improved by Akihiro Otsuka and Mika Goto,through which we measured the agglomeration economies of China's high-tech industry,and further analyzed the contribution of financial input to science and technology.It shows that the agglomeration economies of China's high-tech industry have significant regional differences,and the seed effects of financial input to science and technology converged during 1995-2012.The results to some extent benefit governments to optimize the science and technology resources.
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