A Modified CES Production Function Model and Its Application in Calculating the Contribution Rate of Energy and Other Influencing Factors to Economic Growth
Abstract
In the analysis of economic growth factors, the constant elasticity of substitution (CES) production function model is used to calculate the contribution rates of influencing factors to economic growth. However, the traditional CES production function model fails to consider the staged characteristics of economic growth. Therefore, this study provides a modified model of the CES production function. With regard to its application, a new method for calculating the contribution rates of energy and other influencing factors to economic growth is proposed using a modified CES production function model. This work concludes by calculating the contribution rates of Chinese energy and other influencing factors to economic growth.
Supported by National Natural Science Foundation of China (11401418
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Artikel in diesem Heft
- An Agent-Based Simulation Model of Knowledge Spillover Under the Influence of High-Speed Railway
- Inventory Policy for a Deteriorating Item with Time-Varying Demand Under Trade Credit and Inflation
- The Carbon Effects of the Urban Ecological Recreational System Based on Systems Simulation
- The Simulation Optimization of Miners’ Unsafe Behavior Control Method
- A Modified CES Production Function Model and Its Application in Calculating the Contribution Rate of Energy and Other Influencing Factors to Economic Growth
- The Influence of Third-party E-Commerce Platform Price Limits on the Dual-Channel Strategy of Manufacturers
- Research on the Loss Sharing Contract in Supply Chain Under Asymmetric Information