| At the present stage,China is in an important period of middle income to high income,but the economic growth has been slowing down,and there is a risk of falling into the "middle income trap".In order to avoid the stall growth of China's economy and get rid of the plight of the middle income trap,it is urgent to explore the law of the dynamic mechanism to promote the continuous operation of our economy,find the key motive force of economic growth and cultivate a new economic growth point,so this paper first leads to the problems to be studied around the motive force of economic growth.The fundamental driving force of economic growth is the linkage and matching of effective demand and effective supply,and the basic way to realize the linkage and matching of supply and demand is the improvement of the progress of endogenous technology.In order to explore how to promote technological progress,the new institutional economists quantified the system into an endogenous variable into the endogenous growth model,and found that the endogenous dynamic mechanism of technological progress includes the impact of income distribution on economic growth.As a result,many scholars have begun to study the problem of how income distribution can improve the technological progress and promote economic growth,and discuss how the distribution of income will affect the technological progress.Based on Marx's theory of growth,this paper expounds the relationship between income distribution and technological progress in detail.Through the combination of theoretical mechanism analysis and mathematical model deduction,the influence of income distribution on technological progress is concretely discussed.Then the panel data of 14 years in 30 provinces of China are selected to be measured and analyzed,and the theoretical analysis of the preceding text is tested.That is to say.Functional income distribution and scale income distribution are two main dimensions of income distribution,the former is mainly measured by the ratio of factor income,while the latter mainly adopts the income gap.In this paper,the proportion of labor income,income gap between urban and rural areas and TFP are used to measure the proportion of factor income,income gap and technological progress respectively.On the one hand,the proportion of labor income can directly affect technological progress.On the other hand,it indirectly affects technological progress through intermediary variables.The indirect impact process is also affected by two different mechanisms,one is the market demand mechanism,the other is the financing constraint mechanism.The narrowing of income gap between urban and rural areas promotes technological progress through market demand mechanism,but restrains technological progress through financing constraint mechanism.Through empirical analysis,the following conclusions are drawn:first,increasing the proportion of labor income is beneficial to reducing the income gap between urban and rural areas;second,the income gap between urban and rural areas and total factor productivity shows a U change trend,and the reason is that the two mechanisms in different stages of economic development have different effects on technological progress;third,the proportion of labor income is direct.The effect can improve the technological progress effectively,but when the income difference between urban and rural areas exceeds a certain range,the ratio of labor income to the whole will inhibit the technological progress.Fourth,economic growth and technological progress are converging.Therefore,we need to further improve the factor distribution structure,protect the interests of workers,increase the proportion of labor income,and then improve total factor productivity.At the same time,we should reasonably control the income gap between urban and rural areas,improve the social security system,and narrow the differences between urban and rural areas. |
