The Characteristics Study of Element Marketization to Chinese Technology Progress
نویسندگان
چکیده
The paper studys the mathematical model between element marketization and technology progress though Chinese provinces data. Empirical test showed that capital and labor element marketization promote Chinese technology progress significantly. Finally, threshold model showed the existence of threshold range that capital and labor element marketization promoting TFP (total factor productivity) growth. When the two crossed a certain threshold, effects of element marketization on Chinese technology progress had shown. Based on this, the article shows that achieving economic growth from the consumption of material resources to relying on technological progress needs to promote the elements market-oriented reforms.
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