Research Review on Economic Dynamic Efficiency
Zhao Xin-cheng
Abstract
Zhao Xin-cheng
Abstract
In recent years,with the fast growth of economy,economic growth has become a hot research topic.However,with the fast development of economy,what's the situation of the economic growth efficiency of a country? Whether certain economic growth can improve people's living standard and social welfare? All these concern about the dynamic efficiency of economy.A comprehensive analysis is made on the definition and the discrimination standard of dynamic efficiency,the causes of economic dynamic inefficiency,and the methods to eliminate economic dynamic inefficiency.
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In recent years,with the fast growth of economy,economic growth has become a hot research topic.However,with the fast development of economy,what's the situation of the economic growth efficiency of a country? Whether certain economic growth can improve people's living standard and social welfare? All these concern about the dynamic efficiency of economy.A comprehensive analysis is made on the definition and the discrimination standard of dynamic efficiency,the causes of economic dynamic inefficiency,and the methods to eliminate economic dynamic inefficiency.
Key concepts: Inefficiency, Dynamic efficiency, Economics, Economic efficiency, Welfare, Economic welfare, Economic system, Macroeconomics