Technology and Economic Growth

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Technology and Industrial Transformation of China
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Abstract

This chapter introduces the interactive relationship between technology and economic growth in China. This chapter recapitulates the meaning and essence of technological progress. In this chapter we comb the evolution of theory concerning economic growth, expound the interactive relationship between technological development and economic growth from the perspective of the theoretical model, and discuss the mechanism through which technological progress has its impact on economic growth. We analyze the specific channels through which technological progress may potentially promote economic growth. In addition, in this chapter we also discuss the status quo and general trend of China's technology-supported development and sum up some problems in the development process.

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References

  • Kuang, Guoniang, and Hanqing Tang. 2006. On Technology, Technology Diffusion and Economic. Growth 213 (12): 323–325.

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  • Liang, Qi and Yijun Zhan. 2006. Regional Specialization, Technology Progress and Industrials Upgrading: Proved by Yangtze River Delta. Economic Theory and Business Management (1): 56–62.

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  • Solow, Robert M. 1957. Technical Change and the Aggregate Production Function. The Review of Economics and Statistics 39 (3).

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Correspondence to Yanqing Jiang .

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© 2023 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.

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Jiang, Y., Gu, J. (2023). Technology and Economic Growth. In: Technology and Industrial Transformation of China. Springer, Singapore. https://doi.org/10.1007/978-981-19-7458-8_2

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