한국해양대학교

Detailed Information

Metadata Downloads

中國經濟의 生産性 增加, 技術進步 그리고 規模의 經濟:1978-2003 사이의 中國의 經濟成長의 源泉

Title
中國經濟의 生産性 增加, 技術進步 그리고 規模의 經濟:1978-2003 사이의 中國의 經濟成長의 源泉
Alternative Title
Productivity Growth, Technical Progress and Economies of Scale Of the Chinese Economy: Sources of China’s Economic Growth Between 1978-23
Author(s)
이우
Publication Year
2005
Publisher
한국해양대학교 대학원 무역학과
URI
http://kmou.dcollection.net/jsp/common/DcLoOrgPer.jsp?sItemId=000002175834
http://repository.kmou.ac.kr/handle/2014.oak/10149
Abstract
This study mainly focuses on estimating the cost structure of the Chinese economy over the period of 1978-2003. The economic characteristics of China are analyzed by applying translog cost function estimation. Four input factors including capital, labor, imports and intermediate goods are specified in the cost function. In addition, technology variable are also employed to investigate the effects the technical change.



Firstly, this study has confirmed the cost structure of the China’s economy is labor-intensive, material-intensive and capital-saving natures



Secondly, the yearly technical change progress is presented, in the year 1978 to 2003 the average technical change rate is 5.8%. Technical change plays an important part in the growth of Chinese economy.



Thirdly, the numerical value of ES is found to be 0.964 indicating that small economies of scale exist in the China’s overall economy.



Fourthly, we combine the technical change rates with efficiency change rate, the total factor productivity growth rate can be calculated, and the average rate is 14.7%.



In conclusion, even through Chinese economy is still the labor intensive economy, it is experiencing a rapid technical change and growth of economies of scale, the total factor productivity grows rapidly.
Appears in Collections:
무역학과 > Thesis
Files in This Item:
000002175834.pdf Download

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.

Browse