A Case Study of Shaanxi's Economic Growth Factorssince the Operation of Reforms and Opening-up Policy
Wei Jiang
Abstract
Wei Jiang
Abstract
The case study of Shaanxi's economic growth factors since the operation of the reforms and opening-up policy is conducted by introducing the famous Cobby-Douglas production functional model in the Western economic growth theory, examining the data from the macro-economy statistics of Shaanxi between 1978 and 2002 and employing economic computing method. Shaanxi's Cobby-Douglas production functional model is induced. This model is of key importance to calculate the respective contribution rates of the factors in Shaanxi's economic growth and to analyze the source and features of its economic growth over the past 25 years.
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The case study of Shaanxi's economic growth factors since the operation of the reforms and opening-up policy is conducted by introducing the famous Cobby-Douglas production functional model in the Western economic growth theory, examining the data from the macro-economy statistics of Shaanxi between 1978 and 2002 and employing economic computing method. Shaanxi's Cobby-Douglas production functional model is induced. This model is of key importance to calculate the respective contribution rates of the factors in Shaanxi's economic growth and to analyze the source and features of its economic growth over the past 25 years.
Key concepts: Production (economics), Economics, Macro, Growth theory, Macro level, Growth model, Economic system, Key (lock)