The Comparison Between The Contribution Of Soft-input And The Growth Rate Of Total Factor Productivity

Economic growth is one of the issues that the economist most concerns about. Over the years, economists have committed to explore the source of economic growth, while the first step to do is to break down the economic growth into various elements of the contribution rate. This paper, based on modern growth theory and soft-input theory, analyses the contribution of various elements of China's economic growth. And it compares the similarities and differences between the contribution of soft-input and total factor productivity growth rate from the perspective of quantitative methods, which shows import theoretical and practical significance.The purpose of this study includes theoretical analysis, quantitative methods of analysis and empirical analysis.Ⅰ.Theoretical analysisThis section we mainly give the definition of soft-input rate and total factor productivity growth rate. And we analyze the research methods and influencing factors.Ⅱ.Quantitative methods of analysisThis section we mainly analyze the question from the source of modern growth theory and input-output method——the assumption of general equilibrium theory. And we describe the similarities and differences between the two.Ⅲ.Empirical analysisThis section is mainly used traditional methods to calculate the contribution of soft-input and total factor productivity. And we use econometric regression to calculate the contribution of soft-input, which explains the similarities and differences between the two further.