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The Study On The Relationshipof Factors Allocation Efficiency And Their Influnce On Manufacturing Industry

Posted on:2008-02-22Degree:MasterType:Thesis
Country:ChinaCandidate:W SunFull Text:PDF
GTID:2189360245997473Subject:Finance
Abstract/Summary:PDF Full Text Request
Judge by the sort principle increasing economics, the economic growth driving force includes the resource throwing into quantity and availability factor, the former including to the essential productive factors including capital, natural resources and labour force throws into; The latter is that the efficiency, sort pointing to resource judge with Total Factor Productivity(short for TFP) Evidently, Chinese manufacturing industry economy high speed increases by , can not explain the economic growth high efficiency. But make an explanation, economical especially Chinese manufacturing industry economy growth rate only with TFP, as if excessively simple. Cause depends on TFP is a very broad concept, not only including technology knowledge progress, include key element such as allocation of resources , scale economy throwing into the content affecting what can not make an explanation to increasing by.This paper is made use of a lot of expert scholars study on capital allocation efficiency (short for CAE) relevance research result in recent years at home and abroad, Reckoning having brought forward the Lable allocation efficiency (short for LAE) on model basis calculating CAE in Jefrey WurgIer The CAE, the LAE have carried out meterage on 1986~2005 annual and 1999~2005 years our countries manufacturing industry 28 industry inner foreign capital. The function making use of random forward position to give birth to a coclude follows 1986~2005 annual , 1999~2005 annual our country manufacturing industry 28 industry inner foreign TFP and increases by. And, the method according to Kumbaka having carried out decomposition , having separated out a narrow sense out of to TFP(short for TP). On the basis, in 2005 CAE,LAE,TP , economic growth have carried out the cause and effect checkout on 1986,Reserch on affecting allocation efficiency such as CAE,LAE,TP, and economic growth ,LAE and the economic growth nothingness causal relationship under Chinese background, Promote an effect by the fact that industrial capital allocation the multivariant return that efficiency, TP and manufacturing industry economic growth change, reaching CAE and TP having not notable facade's to manufacturing industry economic growth to years. The manufacturing industry increases by is to throw into the type increase, not to have persistence. FDI key element allocation and technology outside overflow an effect also not notable. Specifically for this status, submitted the suggestion changing manufacturing industry mode of economic growth and hoisting foreign capital spilling over the effect policy.
Keywords/Search Tags:Capital allocation efficiency, Labor allocation efficiency, Unit root test, Co-integration test, Granger causality test
PDF Full Text Request
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