{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,2,2]],"date-time":"2026-02-02T12:14:57Z","timestamp":1770034497296,"version":"3.49.0"},"reference-count":64,"publisher":"SAGE Publications","issue":"2","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["IFS"],"published-print":{"date-parts":[[2021,9,15]]},"abstract":"<jats:p>Capital enrichment (CE) results from capital flows, which reflect the capital distribution among different regions and industries. This paper constructs the evaluation model of resource allocation efficiency from the perspective of capital and innovation resources. It expounds on CE\u2019s theoretical mechanism by using the panel data from 2011 to 2018 for system GMM estimation. It finds that the manufacturing capital allocation efficiency (CAE) and innovation resource allocation efficiency (IRAE) show a volatile development trend. Both static and dynamic panel models show that there is a significant U-shaped curvilinear relationship between CE and CAE, CE and IRAE. CE\u2019s inhibitory effect on CAE and IRAE decreases with the improvement of CE until it exceeds the critical value of 8.27 and 8.93. After that, its impact on CAE and IRAE changes from negative to positive.<\/jats:p>","DOI":"10.3233\/jifs-202856","type":"journal-article","created":{"date-parts":[[2021,6,11]],"date-time":"2021-06-11T10:31:19Z","timestamp":1623407479000},"page":"4079-4095","source":"Crossref","is-referenced-by-count":5,"title":["Impact of capital enrichment on resource allocation efficiency in China\u2019s manufacturing industry"],"prefix":"10.1177","volume":"41","author":[{"given":"Lina","family":"Ma","sequence":"first","affiliation":[{"name":"Wuhan University of Technology, China"}]},{"given":"Fengju","family":"Xu","sequence":"additional","affiliation":[{"name":"Wuhan University of Technology, China"}]},{"given":"Lihua","family":"Wang","sequence":"additional","affiliation":[{"name":"Changjiang Polytechnic, Wuhan, Hubei, China"}]},{"given":"Akther","family":"Taslima","sequence":"additional","affiliation":[{"name":"Department of Accounting & Information Systems, Jagannath University"}]}],"member":"179","reference":[{"key":"10.3233\/JIFS-202856_ref1","doi-asserted-by":"crossref","first-page":"419","DOI":"10.1007\/s11123-013-0351-1","article-title":"Technological Spillovers and Productivity in Italian Manufacturing Firms","volume":"41","author":"Medda","year":"2014","journal-title":"Journal of Productivity Analysis"},{"key":"10.3233\/JIFS-202856_ref2","doi-asserted-by":"crossref","first-page":"21","DOI":"10.1016\/j.inteco.2015.04.004","article-title":"Technology Spillover and TFP Growth: A Spatial Durbin Model","volume":"145","author":"Tientao","year":"2016","journal-title":"Journal of International Economics"},{"key":"10.3233\/JIFS-202856_ref3","doi-asserted-by":"crossref","first-page":"1311","DOI":"10.1108\/IJoEM-08-2017-0314","article-title":"Does Innovation Matter for Total Factor Productivity Growth in India? 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