Appropriate Technology, Credit Constraint and Economic Transition

摘要：

The paper construct a neoclassical economic growth model in the context of credit constraints. The key component which is different with related literature is the appropriateness in the technology adoption. With technological appropriateness embodied in the capital-labor ratio, the economic resources reallocation from low-productivity firms to highproductivity firms, which is defined as economic transition, can be further hindered in comparison with the prior theoretical models which only investigate credit constraints.

关键词： Appropriate Technology Credit Constraint Capital-Labor Ratio Economic Transition

作者: Tang Li Zuwei Yu

作者单位: Department of Economics Economics and Management School of Wuhan University Wuhan, China Department of International Trade Ningbo Institute of Technology, Zhejiang University Ningbo, China

会议类型: 国际会议

会议名称: 2011 International Conference on Electronic & Mechanical Engineering and Information Technology(EMEIT 2011)(2011年机电工程与信息技术国际会议)

会议地点: 哈尔滨

会议语种:英文

页码: 4342-4346

在线出版日期: 2011-08-12（万方平台首次上网日期，不代表论文的发表时间）