Does the Optimization Effect of Technical Structure Exist？Empirical Evidence from Regions and Industries

doi:10.16382/j.cnki.1000-5579.2017.02.015

Abstract

Abstract:

From the perspective of the New Structural Economics, this paper constructs a neoclassical economic growth structure model by introducing technology structure into the aggregate production function with reference to Chinese provincial and industrial panel data from 1999—2013. We examine the suitability and optimization effect of technical structure in different industries and regions of China, predict the optimal path of industrial technology structure and explore the impact of the deviation from the optimal technical structure on the economic growth and technological progress. The result shows that industrial productivity has a polarization trend, and most of the industries are still gathered in the lower level of productivity, and technological progress, technical contribution and the growth rate of the contribution exist some potential. Moreover, there is the reasonable technical structure for different industries and regions, and the deviation from the optimal industrial structure has significantly inhibited the economic growth and technological progress in the middle and western regions. This means that they have great potential for restructuring their industrial technology structure. However, industrial technology structure optimization shall lift the rate of technological progress in the middle regions while raise economic growth rates in the western.

Key words: technical heterogeneity, technology structure, technical contribution, economic disparity

DONG Zhi-qing, JIAO Cui-hong. Does the Optimization Effect of Technical Structure Exist？Empirical Evidence from Regions and Industries[J]. Journal of East China Normal University (Philosoph, 2017, 49(2): 141-154.

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