Measure And Analysis Of Economic Growth From Technology Progress In The USA

Economic growth has been the front of the academic and the organizations concerned. Technology progress, which has been seen as an important factor of promoting economic growth, is very different from capital, manpower and resources for the performance, because it is one of the cores of power. The United States began to work on system innovation from the 1980s, which has laid a good system environment for the "new economy" in the 1990s. While the "new economy" which has been supported by information technology industry is developing at breakneck speed has created more than 110 months of continuous economic growth at the myth of the internet bubble until the end of the history of the United States, the economic growth of its longest period. The article of analysis and comparison with the combination of empirical methods, economic growth and technological progress of the measurement of economic relations, relations between the two model of a system, the qualitative and quantitative studies theories and empirical from both comprehensive and measure rate.In addition to the conclusion there are four parts of the article, which including:The first chapter firstly discussed technology progress and economic growth from two aspects, which are the western traditional economic theories and new economic growth theory. Secondly, it discussed the individuals and organizations which made major contribution to measure of economic in US, including Jones, Jorgenson and BLS. The research of economic growth in domestic still stayed in exploration and digestion, I also made.The second chapter dwells on a theory basis foundation. It elaborated on economic growth and technology progress of the definition and elements, and their relationship. In addition, there is related theory on industry-university-institute in the economic model, I also made a detailed discourse.The third chapter builds a model of the calculations. According to the distribution of economic growth theory it established economic growth accounting model on the basic of the relevant data and calculated the contribution rate of technology progress.The fourth chapter of analysis on calculative result. According to the calculated result, it analyzed the relationship between technology progress and economic growth of the United States. The information technology industry in the United States promoted the technology progress and the government policy guaranteed the technology progress.