A Comparative Study on Technology Spillover Effects in China's Oil and Gas Industry: Investigating the 'Resource Curse' Issues from a Technical Perspective

Abstract

This research conducts a comparative study on the technology spillover effects within China's oil and gas industry, aiming to address the challenges associated with the "resource curse" phenomenon from a technical standpoint. The "resource curse" refers to the paradoxical situation where countries abundant in natural resources experience slower economic growth and development. Through a thorough analysis of technology spillover mechanisms and knowledge diffusion processes within the oil and gas sector, this study examines how technological advancements and innovation can mitigate the negative impacts of resource abundance on economic diversification and sustainable development. By comparing different segments of the oil and gas industry, including upstream exploration and production, midstream transportation and refining, and downstream distribution and marketing, the research identifies potential channels and mechanisms through which technology spillovers occur and assesses their impact on innovation, productivity, and competitiveness within the industry and broader economy. The findings of this study contribute to a deeper understanding of the "resource curse" phenomenon and provide insights for policymakers, industry stakeholders, and researchers seeking to leverage technological innovation as a means to overcome the challenges associated with natural resource abundance.