scholarly journals Research on the contribution rate of scientific and technological progress to Chongqing’s economic growth Based on the Solow Growth model

2021 ◽  
Vol 235 ◽  
pp. 01012
Author(s):  
Yixin Zheng ◽  
Yucheng Wang
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Capital Investment ◽  
Technological Progress ◽  
Labor Input ◽  
Contribution Rate ◽  
Development Mode ◽  
Capital Input ◽  
High Level ◽  
The Impact

In the context of current proposed transformation of economic development of the region are actively rely on capital from investment to promote economic growth mode to a mode relying on technological progress to promote economic growth up. Therefore, this paper selects the sample data of Chongqing from 2010 to 2017, and based on the empirical analysis of the Solow residual value model, using SPSS statistics 25 software, studies the contribution of Chongqing’s capital investment and labor input, especially technological progress, to economic growth. The research shows that the contribution rate of Chongqing’s capital input to economic growth has always been at a relatively high level, but it has shown a general downward trend. At the same time, the elasticity coefficient of capital input is small, indicating that its contribution to economic growth is small; the contribution rate of labor input fluctuates greatly but the impact is small; the contribution rate of scientific and technological progress to economic growth shows an overall upward trend, which has become an important factor for driving Chongqing’s economic growth after capital investment. Therefore, governments must accelerate the transformation of the economic development mode, vigorously promote the development of science and technology, and rely more on scientific and technological progress to promote economic growth and achieve sustainable economic development.

scholarly journals ASSESSMENT OF THE IMPACT OF INCOME INEQUALITY ON ECONOMIC GROWTH IN RUSSIAN REGIONS

2021 ◽  
Vol 2 ◽  
pp. 106-110
Author(s):  
Rogneda Vasilyeva ◽  
Oleg Mariev ◽  
Elena Ignatieva ◽  
Alla Serkova
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Income Inequality ◽  
Capital Investment ◽  
Cultural Development ◽  
Russian Regions ◽  
Socio Economic Development ◽  
Per Capita ◽  
Fixed Capital Investment ◽  
The Impact

Inequality in the distribution of income of the population has a certain impact on different aspects of the economic and socio-cultural development of countries and regions. This inequality arises due to a number of factors as the current nature of the production specialization, the availability of production and economic infrastructure, the achieved level of development of the social sphere, socio-cultural, demographic, and other factors. The main objective of this study is to assess the nature and extent of the impact of income inequality in the Russian regions for the subsequent justification of the directions of socio-economic development. We conducted an econometric analysis of the impact of intraregional income inequality (the Gini coefficient), fixed capital investment per capita, and average per capita consumer spending on one of the main indicators of regional economic growth (GRP) per capita was carried out. The model is based on panel data for the period 2012-2018 for 85 regions of the Russian Federation. The results of the study confirm two of three hypotheses. As prospects for further research, it is proposed to consider the impact of inequality in the distribution of household income on economic growth for different groups of regions, including resource-type regions and regions with a predominance of manufacturing industries, as well as for leading regions and regions with a relatively low level of socio-economic development.

scholarly journals Reflections on neo-Kaleckian growth regimes: a Marxian reproduction perspective

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Feng Zhao ◽  
Jiahe Tian ◽  
Yuchen Duan
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Income Distribution ◽  
Technological Progress ◽  
Supply Side ◽  
Demand Side ◽  
Content Type ◽  
The Impact ◽  
Kaleckian Model

PurposeThe neo-Kaleckian model follows the ideas of Marx, Keynes and Kalecki, that investment is a key influencing factor in the dynamics of the capitalist mode of production. Through the discussion of different forms of investment decision function, this paper constructs the analysis framework of wage-led and profit-led economic growth regimes.Design/methodology/approachThe model has become an important theoretical paradigm for current Western heterodox economists regarding the research on the impact of functional income distribution on economic growth, and it has a very large impact on both theoretical and empirical research. Starting from Marx's reproduction theory, this article discusses the theoretical shortcomings of the neo-Kaleckian growth regime model.FindingsThis paper mainly focuses on three aspects: (1) the ideological legacy of “Smith's Dogma”; (2) neglecting the restrictions on income distribution from the organic composition of capital and the surplus value rate; (3) technological progress and the formation of a new long economic wave.Originality/valueThe authors believe that the neo-Kaleckian model unilaterally emphasizes the demand-side factors in the economy and, unconsciously or not, ignores the role of the supply-side, which makes it encounter certain limitations in explaining long-term growth. Even if some empirical conclusions are employed to bridge functional income distribution and technological progress, there is still a lack of a theoretical basis for accurately describing long-term economic changes using this model. In order to better promote high-quality economic development and accelerate the formation of a new pattern of economic development in which the domestic large-scale cycle is the mainstay and the domestic and international double cycles promote each other, the authors need to adopt a policy combination with the supply-side as the main and the demand-side as the supplement, and to work from both sides.

Influence of the Internet on the Economic Growth of the Belt and Road Region

2019 ◽  
Vol 11 (3) ◽  
pp. 248-259
Author(s):  
Yidan Li
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Industrial Structure ◽  
Dynamic Panel Data ◽  
The Internet ◽  
Development Mode ◽  
Belt And Road ◽  
Using Data ◽  
The Impact ◽  
The Belt And Road

As a general technology, the Internet promotes economic growth in various forms. We apply a dynamic panel data approach to measure the impact of the Internet on the gross domestic product (GDP) using data from 65 countries in the Belt and Road Region during the period 1996–2014. The results show that the Internet has a positive and statistically significant effect on the economic growth. These effects strengthen along with the development of the Internet. Many factors such as capital, labor force, technology, industrial structure, international trade, and economic level are essential to explain the differences in the influence of the Internet on the economic growth among the Belt and Road countries. With R-type factor analysis, two factor components can summarize above indicators: one represents the level of economic development and the other represents the level of intensification of the economic development mode. According to the different national situations, the BRI countries must adopt various strategies to actively promote the development of their information industry, and jointly develop the “Digital Silk Road.”

scholarly journals Analysis of the influencing factors on China’s forestry economic growth based on grey correlation model

2019 ◽  
Vol 1 (1) ◽  
pp. 17-31
Author(s):  
Shuifa Ke ◽  
Dan Qiao ◽  
Zhangchun Chen
Keyword(s):  
Economic Growth ◽  
Influencing Factors ◽  
Capital Investment ◽  
Labor Input ◽  
Positive Role ◽  
Content Type ◽  
Grey Correlation ◽  
Property System ◽  
China Forestry ◽  
The Impact

Purpose The purpose of this paper is to analyze the influence of different factors on forestry production, with an aim to explore the degree of connection between forestry economic growth and influencing factors such as forestry investment, labor input, afforestation area, scientific and technologies progress, and the reform of property-rights regimes. Design/methodology/approach According to the data of China Forestry Statistical Yearbook from 1978 to 2017, this paper uses the grey correlation analysis to observe and analyze the factors influencing China’s forestry economics growth. Findings The results show that capital investment demonstrates the largest impact on the forestry output value, followed by property system, afforestation area, labor input and technologies progress. The correlation coefficients of the above factors are 0.874451654,0.85827468,0.835138412,0.832985604 and 0.825747493. This means that forestry capital investment plays a major role in contributing to forest economic growth; forest property system also plays a positive role in the growth of forestry economy. Originality/value This paper uses continuous data collected during 1978‒2017, which are quite extensive as compared to data used in the existing research, considering the influencing factors are comprehensive, especially the impact of property right system reform on forestry economic growth.

An Empirical Analysis of the Function of STP to the Economic Growth in Construction Industry Based on TFP Theory - A Case Study of Anhui Province

2011 ◽  
Vol 243-249 ◽  
pp. 6418-6424
Author(s):  
Li Ping Liu
Keyword(s):  
Economic Growth ◽  
Construction Industry ◽  
Technological Progress ◽  
Factor Productivity ◽  
Labor Input ◽  
Capital Input ◽  
Industrial Competitiveness ◽  
Resource Elements

In this paper the contribution of scientific and technological progress (STP) in economic growth in Anhui province’s construction industry from year 1999 to year 2009 was analyzed by total factor productivity (TFP) method, and the role of TFP in the transformation of economic growth pattern in Anhui province’s construction industry and in corporations’ efforts to enhance industrial competitiveness was analyzed. It found that the key influencing factors in Anhui province’s construction industry’s economic development were capital input and labor input which its growth was driven by resource elements aggregation and its TFP played a poor role. To enhance TFP will be the only way to constructing industry’s sustainable development and to effectively increasing construction industry companies’ core industrial competitiveness.

scholarly journals The Role of Taxes in Economic Development of Kosovo

2016 ◽  
Vol 4 (1) ◽  
pp. 79
Author(s):  
Artan Nimani
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Fiscal Policy ◽  
Political Stability ◽  
The Government ◽  
High Level ◽  
National Governments ◽  
Sustainable Economic Growth ◽  
The Impact

To achieve prosperity and political stability, national governments aimed at achieving economic equilibrium. The government uses various instruments to stimulate economic growth, reduce unemployment and to achieve macroeconomic objectives. In the context of slow economic growth in recent years and fiscal pressures, Kosovo faces the complex challenge of economic development. Unemployment remains at a high level. Demand for labor is still very low and create an environment that will favor the formation of stable work places is a challenging task that requires a multidimensional reforms in the economy. This paper addresses the impact of fiscal policy on reducing unemployment, increasing investment and consumption to generate sustainable economic growth.

Highway Transportation’s Contribution Rate of Scientific and Technological Progress of China

2014 ◽  
Vol 587-589 ◽  
pp. 1875-1878
Author(s):  
Jian Bo Lu ◽  
Pei Ling Zhang
Keyword(s):  
Economic Development ◽  
Technological Progress ◽  
Science And Technology ◽  
Intelligent Transportation ◽  
Contribution Rate ◽  
Highway Transportation ◽  
Green Transportation ◽  
Coefficient Of Elasticity ◽  
The Impact

In order to analyze the impact of the highway transportation’s contribution rate of scientific and technological progress in China on the economic development of the transportation ,reaching the target of establishing the Comprehensive Transportation , Intelligent Transportation, Green Transportation and Safe Transportation ,we adopt the combination of the Cobb-Douglas Function and the Solow Method of Remainder, with the coefficient of elasticity of funds and labor output , to acquire the highway’s contribution rate of scientific and technological progress of China. From that, we attain the contribution rate of scientific and technological progress from 2004 to 2012, and through the comparison with other fields, we draw a conclusion that the contribution rate of the highway transportation is higher than other fields, and we still should continually increase the science and technology input into the highway transportation to remain a good developing tendency.

Computing of the contribution rate of scientific and technological progress to economic growth in Chinese regions

2012 ◽  
Vol 39 (10) ◽  
pp. 8514-8521 ◽  
Author(s):  
Haixiang Guo ◽  
Jinglu Hu ◽  
Shiwei Yu ◽  
Han Sun ◽  
Yuyan Chen
Keyword(s):  
Economic Growth ◽  
Technological Progress ◽  
Contribution Rate

scholarly journals Network model for researching the impact of the increasing of division of labor on innovations and economic growth

2020 ◽  
pp. 60-69
Author(s):  
I.P. Timofeev ◽  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Economic System ◽  
Division Of Labor ◽  
Network Model ◽  
Economic Development And Growth ◽  
Economic Interpretation ◽  
The Impact ◽  
Further Development

The author offers a network model of the economic system designed to research the impact of increasing technological division of labor on the opportunities for economic development and growth. The article describes the main elements of the model and their economic interpretation, as well as the basic rules for its construction. An economic network consists of sets of producers, consumers and goods flows between them. The author shows how the model represents the appearance of various types of innovations. The author has outlined main directions of further development and researching the model.

scholarly journals ANALISIS POTENSI DAN EFEKTIVITAS PAJAK HOTEL DAN RESTORAN SERTA DAMPAKNYA TERHADAP PAD DAN PERTUMBUHAN EKONOMI DI KABUPATEN MINAHASA

2019 ◽  
Vol 19 (6) ◽  
Author(s):  
Jessy V. Tiwang ◽  
Debby Ch. Rotinsulu ◽  
Daisy S.M. Engka
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Positive Impact ◽  
Tax Collection ◽  
Local Revenue ◽  
Starting Point ◽  
The Impact ◽  
The City

ABSTRAK             Pembangunan ekonomi daerah khususnya Pemerintah Kota merupakan titik awal pelaksanaan pembangunan, sehingga daerah diharapkan bisa lebih mengetahui potensi dan apa yang menjadi kebutuhan daerahnya salah satunya peningkatan Pendapatan dan Pertumbuhan ekonomi melalui proses pemugutan pajak Hotel dan Restoran guna dampak sesuai yang diharapkan.            Dalam penelitian ini bertujuan untuk menganalisis potensi dan efektivitas Pajak Hotel dan Restoranserta dampaknya terhadap Pendapatan Asli Daerah dan Pertumbuhan Ekonomi di Kabupaten Minahasa.            Berdasarkan hasil penelitian menunjukkan bahwa Pajak Hotel dan Restoran masih kurang berpotensi, sementara untuk tingkat efektivitas, Pajak Hotel dan Restoran menunjukkan angka yang efektif yakni rata-rata diatas 100%, dan secara bersama variabel Pajak Hotel dan Restoran memberikan pengaruh yang positif terhadap Pendapatan Asli Daerah, begitu pula secara bersamaan variabel Pajak Hotel dan restoran serta Pendapatan Asli Daerah memberikan pengaruh yang positif terhadap tingkat pertumbuhan ekonomi yang ada di Kabuaten Minahasa. Kata Kunci : Pendapatan Asli Daerah, Pertumbuhan Ekonomi, Pajak Hotel dan Restoran  ABSTRACT             Economic development areas especially the city is the starting point of construction , so that the regions is expected to be more aware of their potential and what has been one of the needs of the regions increase in income and economic growth through a tax collection hotel and restaurant to the impact as expected.            In this study aims to to analyze the all the potential and the effectiveness of tax hotel tax and restoranserta what effect it had on the regional genuine income and economic growth in kabupaten Minahasa .            Based on the research shows that hotel and restaurant tax potential is weak , while the effectiveness , hotel and restaurant tax shows a figure that is effective and above 100% , and together the hotel and restaurant tax positive impact on local revenue , this is also at the same time the hotel and restaurant tax and local revenue positive impact on the economic growth is in kabupaten Minahasa . Keyword : Local revenue, economic growth, hotel and restaurant taxes

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