The Factorial Analysis of Economic Growth in the Process of China's Dual Economic Structure Transformation
Zhang Mao
Abstract
Zhang Mao
Abstract
Lewis dual economic structure transformation model is an important theoretical basis for development economics,its core idea is to describe the dual economic transformation of developing countries as a trend of natural evolution of.It is the process of economic growth from the dual economy to a unified economy transformation,and it helps the development of national economy to find a balanced growth path.As the largest developing countries,China has rapid economic development,while there has been a very obvious characteristic of the dual economic structure.In this paper,we firstly explain economic growth factors in the transformation of dual economic structure by a classical growth theory models,And then we focuses on empirical analysis about the China's dualistic economic structure and economic growth in the long-term dynamic relationship by using statistical analysis indicators and econometric model.At last,this paper proposes appropriate policy recommendations.
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Lewis dual economic structure transformation model is an important theoretical basis for development economics,its core idea is to describe the dual economic transformation of developing countries as a trend of natural evolution of.It is the process of economic growth from the dual economy to a unified economy transformation,and it helps the development of national economy to find a balanced growth path.As the largest developing countries,China has rapid economic development,while there has been a very obvious characteristic of the dual economic structure.In this paper,we firstly explain economic growth factors in the transformation of dual economic structure by a classical growth theory models,And then we focuses on empirical analysis about the China's dualistic economic structure and economic growth in the long-term dynamic relationship by using statistical analysis indicators and econometric model.At last,this paper proposes appropriate policy recommendations.
Key concepts: Dual (grammatical number), Economics, China, Dual economy, Economic system, Growth theory, Econometric model, Process (computing)