The Production Function Weighs the Role in the Economic Growth of the Technological Progress
YI Qing-feng
Abstract
YI Qing-feng
Abstract
With the development of the science and technology, the function on the economic growth of the technological progress is being strengthened constantly. At present, the technological progress has already caused domestic and international great attention, people have already realized the technological progress to the economic growth and key competitiveness of one country profoundly. It is drawn the technological progress by the production function and measured the model, namely the law of residual value, and it use making a further analysis and adjustment in the light of real situation in our country.
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With the development of the science and technology, the function on the economic growth of the technological progress is being strengthened constantly. At present, the technological progress has already caused domestic and international great attention, people have already realized the technological progress to the economic growth and key competitiveness of one country profoundly. It is drawn the technological progress by the production function and measured the model, namely the law of residual value, and it use making a further analysis and adjustment in the light of real situation in our country.
Key concepts: Technological change, Production (economics), Function (biology), Economics, Technical progress, Production function, Value (mathematics), Economic system