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Title: Theoretical Analysis of the Relationship between Finance and Technology in Economic Growth
Source: International Conference on Engineering and Business Management 2012(Part 4 Urban Management and Financial Investment) (pp 2877-2882)
Author(s): Jie Hu, International Business School, Shaanxi Normal University, Xi’an, China
Xiaohong Fan, International Business School, Shaanxi Normal University, Xi’an, China
Xinyu Cao, International Business School, Shaanxi Normal University, Xi’an, China
Abstract: This paper based on the traditional endogenous growth theory, using Cobb-Douglas production function, builds the three sectors endogenous growth model which contains economy, finance and science to analysis the internal relations among the three sectors theoretically. Results shows, in the different stages of economic development, the relations among the three have a certain difference.
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