Research on the three industrial structure and economic growth empirical based on the Cobb - Douglas production function

Qun Wei Wang, Gang Qiang Cha, Ji Chao Jia

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

2 Scopus citations

Abstract

In this paper, the deformation of Cobb-Douglas production function was used to separate the Variable term, which the proportion of each industry affect economic growth, and further introduction of three industrial structure variables. The relationship between three industrial structures for 2001-2012 in Shaanxi and economic growth was analysis by the least squares estimation, the influence ratios, which industrial output value of share of GDP changes on effects of changes in economic growth can be acquired. The results showed that the adjustment of three industrial structure in Shaanxi conducive to economic growth, which meet the development of the three industrial structure in developed countries and consistent with the law in line with economic growth, namely a stable development of primary industry, optimizing the development of secondary industry, vigorous development of the tertiary industry.

Original languageEnglish
Title of host publicationSustainable Development of Industry and Economy
Pages706-709
Number of pages4
DOIs
StatePublished - 2014
Event3rd International Conference on Energy, Environment and Sustainable Development, EESD 2013 - Shanghai, China
Duration: 12 Nov 201313 Nov 2013

Publication series

NameAdvanced Materials Research
Volume869-870
ISSN (Print)1022-6680

Conference

Conference3rd International Conference on Energy, Environment and Sustainable Development, EESD 2013
Country/TerritoryChina
CityShanghai
Period12/11/1313/11/13

Keywords

  • Cobb-Douglas production function
  • Structure adjustment
  • Three industrial

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