Strategy Choice of Economic Development in Mid-Western China Based on Advantage of Backwardness
LI Zhen-tang
Abstract
LI Zhen-tang
Abstract
The paper analysis the elements' contribution to the central and western economic growth using a production function,and calculate the advantage of backwardness of central and western regions in technical and system aspects of four sectors using Robert Lucas mathematical model.The paper proposes the industrialization of agricultural industrialization,rural industrialization,rural urbanization,and farmer knowledge-based putting into effect at the same time and promoting in concert can change the advantage of backwardness into a driving force for growth of backwardness.It is the effective choice to promote economic sustainable development in central and western regions.
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The paper analysis the elements' contribution to the central and western economic growth using a production function,and calculate the advantage of backwardness of central and western regions in technical and system aspects of four sectors using Robert Lucas mathematical model.The paper proposes the industrialization of agricultural industrialization,rural industrialization,rural urbanization,and farmer knowledge-based putting into effect at the same time and promoting in concert can change the advantage of backwardness into a driving force for growth of backwardness.It is the effective choice to promote economic sustainable development in central and western regions.
Key concepts: Backwardness, Industrialisation, Urbanization, China, Economics, Economic system, Comparative advantage, Sustainable development