The New Economic Growth Theory and It's Inspiration for Economic Development of China
Zhang Ying
Abstract
Zhang Ying
Abstract
This paper discussesed the background and origin of the new economic growth theory,explained two major new economic growth model,and demonstratesed an important role of the new economic growth theory to Chinese development form human capital,technical progress and policy changes.
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This paper discussesed the background and origin of the new economic growth theory,explained two major new economic growth model,and demonstratesed an important role of the new economic growth theory to Chinese development form human capital,technical progress and policy changes.
Key concepts: China, Growth theory, Economics, Economic system, Economic expansion, Human capital, Innovation economics, Neoclassical economics