Empirical Analysis on Contribution Rate of Agricultural Mechanization to Agricultural Economy
Baoling Yang
Abstract
Baoling Yang
Abstract
Agricultural mechanization is the essential way to agricultural modernization,and plays an important role in agricultural economic growth and farmers income growth.This paper analyses contribution rate between agricultural mechanization and agricultural economy by statistical data over the periods 1978~2009,and come to the conclusion by Cobb-Douglas production function empirical analysis,the contribution rate of agricultural mechanization for agricultural economy is 17.19%,agricultural mechanization is the key factor in the development of agricultural economy.
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Agricultural mechanization is the essential way to agricultural modernization,and plays an important role in agricultural economic growth and farmers income growth.This paper analyses contribution rate between agricultural mechanization and agricultural economy by statistical data over the periods 1978~2009,and come to the conclusion by Cobb-Douglas production function empirical analysis,the contribution rate of agricultural mechanization for agricultural economy is 17.19%,agricultural mechanization is the key factor in the development of agricultural economy.
Key concepts: Agriculture, Mechanization, Agricultural economics, Agricultural productivity, Economics, Business, Geography, Archaeology