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1、BasedontheSolowresidualmethodestimatesHubeiEmpiricalAnalysisofTFPcontributionAbstract:Inthecurrentmarketsystem,themajorforcedrivingeconomicgrowthgraduallyfromcapital,laborandothermaterialelementsoftheshifttotechnologyastherepresentativeofthetotalfactorpro
2、ductivity(TFPfactors,capitalandlaborfactorsofproductionotherthantheintegratedcontributiontoeconomicgrowthhasbecomearegionaleconomicgrowthmodeltodeterminethekeyindicatorsof,inparticular,ChinahasusheredintheLewisturningpoint(LewisTurning-Pointandthegraduald
3、isappearanceofthedemographicdividendinthecase,replacetheinputfactorproductivityasthenewdrivingforceofeconomicgrowthisparticularlyimportantAccordingtoHubeiProvince,relevanteconomicdatainrecentyears,theuseofCobb-DouglasproductionfunctionandcalculatetheSolow
4、residualTFPcontributiontoeconomicgrowth,andultimatelyonhowtofurtherimprovetotalfactorproductivityinHubeiProvincetomakerelevant16recommendations.Keywords:totalfactorproductivity,Solowresidual,C-DproductionfunctionAtpresent,theestimatedregionaleconomicgrowt
5、hinthecontributionrateofproductionfactors,the“Solowresidualmethod”becauseofitscalculationissimple,feasibleandwidelyusedwiththetraditionalcalculationmethodisdifferent,thispaperintroducesanintegratedelementofproductivity,onbehalfofmanagement,technologyandre
6、sourceallocationandotherfactorstogether,andavoidusingonlytheconceptoftechnologicalprogressbroughtaboutbythedifficultiesinunderstanding,atthesametime,thepolynomialdistributedlagmodeltointroducethe“Solowequation”,the“cableLosresidualmethod“toimproveestimate
7、s,capitalandotherfactorstoconsiderlageffectonoutput.First,measuretheeconomicgrowthmodelandtheintroductionofthefunction(ACobb-DouglasproductionfunctionandtheSolowresidual1928by16theAmericanmathematicianandeconomistPaulDouglasCharlesCobb’sproductionfunction
8、inpracticehasbeenwidelyusedincapital,laborandtechnicalelementsintothecase,theoutputofthenationaleconomyundertheC-Dproductionfunctionexpressedas:Yt=AtK@tLβt(1(1where,KtandLtperiodt,respectively,ofcapitalandlaborinput