The Transformation of Mode of Economic Growth and the Structural Reform of Supply-Side
Zhuoyuan Zhang
Chapter Chapter 17 in Handbook of Chinese Economics, 2023, pp 549-571 from Springer
Abstract:
Abstract Economic growth is generally achieved through two channels: one is to increase factor input; the other is to increase labor productivity. The economic growth relying on the increase of factor inputs is extensional growth, which is also called extensive growth; while the economic growth relying on improving labor productivity is connotative growth, which is also called intensive growth.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-0420-4_17
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DOI: 10.1007/978-981-99-0420-4_17
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