DocumentCode
1861697
Title
Notice of Retraction
The factor contribution to the Chinese industry growth: 1952–2007
Author
Zeng Xian-feng ; Li Guo-ping
Author_Institution
Sch. of Bus., Xi´an Int. Studies Univ., Xi´an, China
Volume
4
fYear
2011
fDate
13-15 May 2011
Firstpage
62
Lastpage
65
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Using the parameter estimation method and latent variable approach, this paper investigates China´s industrial output elasticity and TFP growth, and estimate the contribution of various factors to output growth from 1952 to 2007. The main findings are that the growth mode of industrial is extensive from 1952 to 2007. But the importance of each factors to growth have phased characteristics, especially between 1996 and 2007, the contribution of intelligence factors exceeded that of primary inputs in the first time. This shows that the growth mode start the transformation from extensive to intensive in China´s industry. In order to provide the continuous driving force for Chinese industry growth by technological progress, it is necessary to keep the elasticity of capital from falling. At the same time, we should fulfill the effect of human capital.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Using the parameter estimation method and latent variable approach, this paper investigates China´s industrial output elasticity and TFP growth, and estimate the contribution of various factors to output growth from 1952 to 2007. The main findings are that the growth mode of industrial is extensive from 1952 to 2007. But the importance of each factors to growth have phased characteristics, especially between 1996 and 2007, the contribution of intelligence factors exceeded that of primary inputs in the first time. This shows that the growth mode start the transformation from extensive to intensive in China´s industry. In order to provide the continuous driving force for Chinese industry growth by technological progress, it is necessary to keep the elasticity of capital from falling. At the same time, we should fulfill the effect of human capital.
Keywords
industrial economics; macroeconomics; parameter estimation; Chinese industrial output elasticity; Chinese industry growth; TFP growth; factor contribution; human capital; latent variable approach; parameter estimation method; Economics; Elasticity; Equations; Humans; Industries; Mathematical model; Productivity; growth factor; human capital; total factor productivity;
fLanguage
English
Publisher
ieee
Conference_Titel
Business Management and Electronic Information (BMEI), 2011 International Conference on
Conference_Location
Guangzhou
Print_ISBN
978-1-61284-108-3
Type
conf
DOI
10.1109/ICBMEI.2011.5920919
Filename
5920919
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