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The Empirical Research On The Relationship Of Industrial Structure Upgrading And Economic Growth

Posted on:2016-06-08Degree:MasterType:Thesis
Country:ChinaCandidate:Z Y ZhaoFull Text:PDF
GTID:2309330461990720Subject:Western economics
Abstract/Summary:PDF Full Text Request
About the modern economic growth, there are two different idea:Neoclassic school and Structure school. Neoclassic opinion thinks that under hypothesis of the competitive equilibrium, the economic growth is the result of long term accumulation of capital, labor and technology. And the Neoclassic economists look down on the effects of "change of demand" and "flow of resources" on the economic growth. Because under the condition of competitive equilibrium, marginal benefits of capital and labor are equal. Completely different from neoclassic opinion, structure school think the economic growth is one side of the change of structure. The production structure is necessarily fit for the demand structure, which can urge the society make well use of the technology. Under the condition of lack of foresight and limit of flow of producing factor, the producing factor transfering among the different department can promote the economic growth. The paper identifies with the Structure economics, and thinks among the whole economic system, industry structure is an important role, which promote the escalation of producing factor, and then the escalation of producing factor promotes the economic growth. Meanwhile, through promoting the flow of producing factors, reducing the risks of market and asymmetry of information, finance promotes the economic growth.Nowadays, there is evidence of a slow growth among the economy of China, the drawbacks of the extensive mode of economic growth are exposed, the problems of serious wealth gap, the environment pollution and excess production capacity are exposed. To keep the steady and high quality economic growth and make the society share the achievement of opening-up, the China government puts the strategic policy of economic transition on the agenda, and as the important part of the economic system, the transition of industry has a deep impacts on the economic transition. The studying of the relation between industry structure escalation and economic growth has a deep significance. To have a deep understanding the relation of economic growth and industry structure and the impacts of industry transition, the paper make a research about the thesis, utilizing the means of the theoretical and the empirical analysis.Firstly, The paper make a summarization of the research of the scholar abroad and at home about the relation of industry structure escalation with the national gross product growth; Secondly, The paper make a research about the relation of industry structure with the economic growth, utilizing the academic models to make a deep research about the relation of industry structure and economic growth. To make a further research about the relation industry structure with economic growth, the paper chooses dynamic models and static models of the panel model, using the index of measuring the industry structure to make a metric and regression analysis, with the results showing that industry structure has deep impacts on the economic growth; At the last of the paper, bring about the suggestion of the economic growth from the point of view of industry structure transition according to the researching results.
Keywords/Search Tags:Panel Model, Industry Upgrading, Economic Growth
PDF Full Text Request
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