based on the solow residual method estimates hubei empirical analysis of tfp contribution(基于索洛余值法估计湖北tfp贡献的实证分析)

based on the solow residual method estimates hubei empirical analysis of tfp contribution(基于索洛余值法估计湖北tfp贡献的实证分析)

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时间:2018-07-23

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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

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