Dynamic Mechanism Research Of Economic Growth Of Yangtze River Economic Zone,in The Perspective Of The Structural Reform Of The Supply Front

Economic growth mechanism is the core of the economic growth,which is a permanent theme for economic research.The well known international financial crisis that erupted in 2008 has put the global economy in a serious,sustained low-growth and low inflation.Meanwhile,China also faces a backdrop of three-phase superposition and a rise in four-fold.As a matter of course,countries have begun to seek new ways to recover and sustain growth,and China set up the structural reform of the supply front.The yangtze economy is more than 40 per cent of china's economy,with its economy outpacing the latin-american region.The growth of the yangtze economy has the same characteristics with the state of the country in all senses.Long-term economic growth has brought serious supply constraints and pent-up demand.There is inherent correlation between the structural reform of the supply front and the economic growth.As a consequence,To study the growth of the yangtze economy in the perspective of the structural reform of the supply front is not only the development and innovation of the theory of regional economic development,but also to explore the economic and social transformation.It is an effective way to promote a comprehensive well-off society,while has great theoretical and practical significance.This article is based on the methodology of using regulatory analysis and empirical analysis.First of all,providing the transformation theory of the economic growth mechanisms,based on the theoretical foundations of economic growth.Then use qualitative and quantitative analysis to study the status and problems of the growth mechanism for the growth of the yangtze river economic zone;Finally,proposed refinements to the growth mechanism for the economic growth of the Yangtze river economic zone.Without doubt,the refinements are based on the supply of structural reforms to the yangtze river economic zone.In addition,the empirical analysis is based on Cobb-Douglas production function.It is the aim that to calculates the contribution of factors to economic growth of the yangtze river economic zone from the year 1997 to 2015.The results suggest that the economic growth mechanism of the yangtze economy is showing a 'single engine' characterized by high capital investment.Labour and total factor productivity have a small impact on the economy,with overcapacity and mismatch of supply and demand.Moreover,it is the upstream and middle-class where strongly dependent on capital investment.And total factor productivity of downstream is higher than other place.Labour investment in the south region has higher contributed to economic growth.According to the conclusion,offer a proposal based on both the internal structure of the power mechanism and the external environment for the economic growth of the yangtze river economic zone.