The Experimental Analysis of Economic Growth Mode from the Perspective of TFP in China
Juan Chen
Abstract
Juan Chen
Abstract
In this paper,we use state space model to research growth of TFP in our country during reforming and opening,and then compare the contribution of factors inputs of capital,labor and TFP to economic growth.Besides,we also analyses growth of TFP in east,middle and west districts in different periods.The author finds that growth of capital input is still the key power to promote economic growth in our country,and the contribution of growth of labor input and TFP to economic growth is still lower. Growth of TFP in every district has apparent different characters with the time variety.
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In this paper,we use state space model to research growth of TFP in our country during reforming and opening,and then compare the contribution of factors inputs of capital,labor and TFP to economic growth.Besides,we also analyses growth of TFP in east,middle and west districts in different periods.The author finds that growth of capital input is still the key power to promote economic growth in our country,and the contribution of growth of labor input and TFP to economic growth is still lower. Growth of TFP in every district has apparent different characters with the time variety.
Key concepts: Total factor productivity, Economics, China, Capital (architecture), Perspective (graphical), Macroeconomics, Productivity, Geography