Journal of Advanced Computational Intelligence and Intelligent Informatics
Online ISSN : 1883-8014
Print ISSN : 1343-0130
ISSN-L : 1883-8014
Regular Papers
The Influence of Factor Price Distortions on Economic Structure – Based on Time-Varying Elasticity Production Function Model
Shangfeng ZhangQi FangHuiru RenChun ZhuJingjue XuLang Hu
著者情報
ジャーナル 認証あり

2020 年 24 巻 4 号 p. 502-508

詳細
抄録

Based on the time-varying elasticity production function model, we calculate factor price distortions, and study their influence on the rationalization and optimization of industrial structure. We find that the impact coefficient of capital, and labor factor price distortions on the rationalization of industrial structure are −1.2087 and −0.3147 respectively. Additionally, the impact coefficients on the optimization of industrial structure are −0.2333 and −0.0718 respectively. These results demonstrate that capital and labor factor price distortions are significantly negative for the rationalization and optimization of industrial structure. Therefore, it is imperative to reduce factor price distortions, and support industrial structure upgrades to promote supply-side structural reform.

著者関連情報

この記事は最新の被引用情報を取得できません。

© 2020 Fuji Technology Press Ltd.
前の記事 次の記事
feedback
Top