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- W2388484104 abstract "In this paper,we use CES Production Function and Taylor Series to estimate the contribution rate of technology advancement to the economic growth of Shaanxi Province.The result shows that,in Shaanxi Province,the value of labor force can not be completely substituted by the value of capital.The total economy is placed in the stage of Increasing-return to scale,still with the labor intensive type industry be predominant,and the capital stock is lower than the labor force foundation stock..The result also indicates that,the contribution rate of capital,labor,the combination of capital and labor force and the total factor productivity to the economy during 1978-2003 years is 95.26%,24.01%,-24.17% and 4.9%,respectively.It is shown that during a very long period,the economic development in Shaanxi Province primarily depends on capital input,even with the sacrifice of the synthetically efficiency,while in the system,there are some restriction of management,technology,craft,management sense etc." @default.
- W2388484104 created "2016-06-24" @default.
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- W2388484104 date "2007-01-01" @default.
- W2388484104 modified "2023-09-23" @default.
- W2388484104 title "An Empirical Study on the Contribution of Technology Advancement to the Economic Growth" @default.
- W2388484104 hasPublicationYear "2007" @default.
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