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Author(s): |
Huawei Wang, North China University of Technology, College of Economics and Business Administration, Beijing, China, 100144
Yuan Qi, North China University of Technology, College of Economics and Business Administration, Beijing, China, 100144
Jing Han, North China University of Technology, College of Economics and Business Administration, Beijing, China, 100144 |
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Abstract: |
The essay analyzed the 1996-2009 changes of Beijinghigh-tech industry total factor productivity quantitatively by using C--D production function, and further analyzed the impact of technological advances on promotingBeijingeconomic growth. Results showed that the overall trend ofBeijinghigh-tech industry TFP was good in 1996-2009. Although appearing to decline in the year 2002-2004 and 2008, it did not affect the overall upward trend. The essay analyzed capital, labor and technological progress respectively on the degree of their contributions to economic growth, which showed that the capital contribution to the economy still matters, but the technological advances in promoting Beijing economic growth is increasingly prominent.
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