Guangdong Production Function Of The Nature Of Research

The research of product function being improved continually, the aim is in accordance with practice much more, that is to say, the compatibility of product with practice is more suited. From 1928, Douglas, American economist, and Cobb, American mathematician have created C-D product function, many economists have spent much enei~gy and time to analyze the property and character of product function from different point of view, make much progress. How to the property of Guangdong product function? As a reforming-opening foreland province, It is a necessitous task to discuss this problem in-depth all the time. The thesis have cast back the development history of product function, summarized the selected method on the data of aggregate product function. However, the development of product can divorce the promotion of product ictors, (]uangdong economy develop rapidly after reforming-opening because it is benefit from favorable policy and predominant situation. Various data indicate that the Gguangdong development speed is faster than sian four small dragons?originally. The thesis analyzed the (3uangdong great progress on economic development, compared (3uangdong product development status. On the condition engross datum completely, establishment of Guangdong product function model give a support for lucubrating (3uangdong product development. That established dynamic computable product function model is emphasis in this thesis, the thesis educed (iuangdong dynamic product function model by dealing with lots of datum and computer simulation, then on the base of it, reckoned the rate of contribution of science & technology progress vs economic growth, given prominence to the greater contribution of the science & technology progress in economic growth, then discuss new economic growth theory simply and applied prospect in researching Guangdong product function model.