Theoretical and Empirical Analysis on Factor Productivity and Quality of Economic Growth——Based on Data from 1952 to 2007
Ren Bao-ping
Abstract
Ren Bao-ping
Abstract
In the past years,economic growth in the improvement of aspect has too many problems.And this paper,from the perspective of factor productivity,tries to find out the way of enhancing the quality of economic growth.Through describing the history of 60 years' productivity data,we can clearly know the importance of improving the quality of economic growth,which lies in the successful transformation of the economic growth mode,and this transformation also depends on the input-output efficiency,that is,the key of total factor productivity is increasing.
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In the past years,economic growth in the improvement of aspect has too many problems.And this paper,from the perspective of factor productivity,tries to find out the way of enhancing the quality of economic growth.Through describing the history of 60 years' productivity data,we can clearly know the importance of improving the quality of economic growth,which lies in the successful transformation of the economic growth mode,and this transformation also depends on the input-output efficiency,that is,the key of total factor productivity is increasing.
Key concepts: Productivity, Quality (philosophy), Total factor productivity, Perspective (graphical), Economics, Transformation (genetics), Macroeconomics, Computer science