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Analysis on the Contribution of Technical Progress to the Output Growth of Intelligent Materials Industry in China
Abstract:
By the panel data method, this paper gave an analysis on the capital, labor and output of 28 listed intelligent materials enterprises with C-D function from the year of 2004 to 2008. The research results showed that the elasticity sum of labour and capital output in China is 1.12009, which explained the intelligent material industry was in scale increasing remuneration stage; in recent years, intelligent technical efficiency has brought the enlargement of labor and capital production, and the expanded capacity has been increasing year by year. The technical efficiency difference of listed company was also great, and the contribution of technological progress on output growth also had a significant gap.
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136-139
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August 2011
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© 2011 Trans Tech Publications Ltd. All Rights Reserved
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