Ezpenditure for Science & Technology and Economic Growth: Evidence from China
Based on the statistical data during the period from 1978 to 2006 released by National Bureau of Statistics of China, this paper applies the compensative CM (I, N) model and regression model to simulate the relationship between the expenditure for science & technology and economic growth. In the numerical experiment, the established grey model simulates the Chinas GDP values during the period from 2000 to 2006. The empirical research results reveal that the established mathematical model based on grey theory for the relationship between the expenditure for science & technology and economic growth has a higher precision than regression model. Research results show that this grey model established in this paper could provide valuable information to policy makers in their efforts to make technological policies.
ezpenditure for science & technology economic growth grey theory China
Wuwei Li
Zhengzhou Institute of Aeronautical Industry Management Zhengzhou,China
国际会议
上海
英文
1520-1524
2009-11-20（万方平台首次上网日期，不代表论文的发表时间）