Why National Capacity Affects the Level of Technological Progress: Based on the Experience of Asian Countries

DOI

10.2991/aebmr.k.200708.044How to use a DOI?

Keywords

technological progress, capacity growth, developing countries

Abstract

Maintaining technological progress and growing national capacity in the process of opening up is an important condition for sustained economic growth in developing countries. The new economic normality that has emerged since the international financial crisis has fully highlighted the characteristics of the unbalanced pattern of the world economy, while having a clear impact on emerging economies represented by China and India. Using the interprovincial data of total factor productivity (TFP), this paper compares the technological progress between China and India under open conditions, and finds that technological progress is a long-term accumulation process of learning and imitating advanced technology, and the corresponding growth of national capacity is the key to success.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Haibin Yang
PY  - 2020
DA  - 2020/07/09
TI  - Why National Capacity Affects the Level of Technological Progress: Based on the Experience of Asian Countries
BT  - Proceedings of the 4th International Symposium on Business Corporation and Development in South-East and South Asia under B&R Initiative (ISBCD 2019)
PB  - Atlantis Press
SP  - 230
EP  - 235
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200708.044
DO  - 10.2991/aebmr.k.200708.044
ID  - Yang2020
ER  -