Trade-off between Economic Growth Speed and Efficiency

来源 :第八届工业与应用数学国际大会 | 被引量 : 0次 | 上传用户：yfzzx

【摘要】

：

　　Historical data of economic development show that,there exists an inverse relationship between value-added growth rate(VGR)and valueadded rate(VAR),reflecti

【作者】

：

FanJin;

【机构】

：

Jiangsu Administration Inst.

【出处】

：

第八届工业与应用数学国际大会

【发表日期】

：

2015年期

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　　Historical data of economic development show that,there exists an inverse relationship between value-added growth rate(VGR)and valueadded rate(VAR),reflecting a trade-off between economic growth speed and efficiency.This paper tries to construct a growth model with intermediate goods taken into consideration,in the neoclassical growth framework to explain it.The proceeding numerical simulation shows that the trade-off fact is also influenced by the substitution elasticity and linkages among firms.

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Trade-off between Economic Growth Speed and Efficiency

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