The measurement research of the short and medium cycles of economic growth driven by scientific and technological innovation in China---based on the perspective of boom state
Based on Schumpeter's innovation cycle theory to explain economic growth cycle, it regionally defines the economic growth driven by scientific and technological innovation volatility and cyclical concept,and construct the measurement tools and models, and use Chinese scientific and technological innovation and macro - economic climate index to synthesize Chinese economic growth driven by scientific and technological innovation index,and use this index to measure the short and medium cycle volatility characteristics of Chinese economic growth driven by scientific and technological innovation. The research results indicates: Chinese economic growth driven by scientific and technological innovation volatility is not a random fluctuation,but a certain cyclical fluctuation; The cyclical duration, amplitude,frequency,peak,trough,and other indicators are influenced by external environmental changes,showing the unequal intervals,not repeating,,asymmetric features; The effect of volatility shocks from changes in the external environment are temporary and small,and the economic growth driven by technological innovation in the long - term trend is steady; In the monitoring period,the overall trend of Chinese economic growth driven by scientific and technological innovation fluctuations is stable,but the actual level needs to be improved quickly,and the scientific and technological innovation driving force need to be enhanced urgently.