Measurement and Analysis of the Quality of China's Economy Growth.doc

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1、1Measurement and Analysis of the Quality of Chinas Economy GrowthAbstract. In the comprehensive evaluation index system of the quality of economic growth, you can use the composite index method of comprehensive evaluation of the quality of economic growth and make the appropriate comparison and anal

2、ysis. Through the analysis of the quality of Chinas economic growth, and the growth measurement problem, an important factor in the analysis of the quality of economic growth situation, make a scientific understanding of effective measurement and analysis of the quality of Chinas economic growth tha

3、t will have important practical significance. Key words: economic growth; measure; build Introductions The founding of 60 years, Chinas economic development has made considerable progress, especially in the past 30 years since reform and opening up, Chinas economic development achievements is remark

4、able, the Chinese economy has entered a rapid and stable development of the rising channel. However, Chinas economy in rapid growth at the same time, some of the 2problems in the economic growth is gradually exposed, which is especially prominent problem is the quality of economic growth. The measur

5、ement and analysis of the quality of economic growth is particularly important. 1.The connotation of the quality of economic growth The purpose of socialist economic development and growth, in the final analysis, is to meet the peoples growing material and cultural needs; economic growth without eff

6、ective is not mentioned. Therefore, the level of the quality of economic growth is mainly shown through the improvement of social welfare and the quality of economic benefits. As a result, the quality of economic growth is defined as: a countrys overall economic activity in the allocation of resourc

7、es and meet the needs of the community on the pros and cons of the degree. It includes not only the improvement of productivity and efficiency, but also the improvement of the economic and social welfare, such as production capacity; improve the efficient allocation of resources, the increase in the

8、 amount of per capita output, and improvement of peoples lives. Evaluation of the quality of economic growth should include objective and subjective aspects. Objective terms, refers to 3the process of economic development, and whether the result of a certain period of time to reach the corresponding

9、 level of social productive forces at the time; subjective terms, refers to the degree of satisfaction of the people for economic growth. In order to improve the living standards of the broad masses of the people due to the development of the economys starting point and destination, therefore, subje

10、ctive and objective comprehensive standard evaluation of the quality of economic growth is whether the quality of life of the broad masses of the people improved. 2.The Construction principle economic growth index evaluation system 2.1 Science The quality of economic growth index system is set to be

11、 a reasonable description of the quantity and quality of economic growth, and the name of the statistical indicators, scope, caliber, calculation methods and measurement units to meet the scientific connotation of economic growth. The index system to avoid a simple pile of current statistical indica

12、tors and overlapping, try to select the best scientific connotation of indicators reflect the quality of economic growth. 2.2 Integrity Contain multiple quality of economic growth is affected by 4these factors, the indicators set is to reflect the economic growth of the whole picture. 2.3 Systemic T

13、he quality of economic growth is a comprehensive concept, which covers various aspects of the economic, institutional, social, build index system to analyze the quality of economic growth as a system, the index system with a high degree of systemic and generality. 2.4 Comparability Economic growth q

14、uality evaluation index system to measure, as a measure and criterion, these values can also be through vertical through horizontal comparison to identify the differences in economic growth in the region. 2.5 Feasibility Building economic quality index is not only considering the quality of economic

15、 growth index system integrity, but also considering the information easy to obtain, the method is easy to grasp, at the same time, and relevant departments should create an environment for economic growth analysis. The measure, evaluation of the quality of economic growth is a very practical; there

16、fore, the selection of indicators is to give full consideration to its practicality and 5maneuverability, as far as possible easy to understand and easy data acquisition. 3 The risk of higher economic growth rate 3.1 The high risk of economic growth rate On the crisis of survival from the Club of Ro

17、me to Becks “risk society“ have pointed out that the extensive growth of the modern industrial larger risk. High energy consumption, high pollution and economic growth are low quality, the greater risk. Risk from the natural point of view, due to the use of new technology, the human ability to trans

18、form nature greatly strengthened, but also cause a variety of natural disasters, the situation is even worse in developing countries, but the natural risks and economic growth is not a traditional linear relations, environmental Kuznets curve describes the environmental quality and per capita income

19、 of the inverted “U“ curve relationship, if the hypothesis is true, then along with the improvement of per capita income, economic growth, quality first decreased and subsequently increased, while the corresponding environment the endanger showing the first increase and then decrease in the law migh

20、t reduce the probability of occurrence of natural risk. 3.2 Commodity market risk 6market mechanisms play a guiding role of prices, leading the market to improve the best mechanism, but the market mechanism is not perfect, there is a defect in the commodity market, the market mechanism, impossible t

21、o make economic development toward perfection, because blindness, spontaneity and lag market failure, monopoly market regulation in the commodities market on the long-term supply and demand imbalance, the allocation of resources in terms of itself is a waste, resulting in market structural fluctuati

22、ons. Especially in China, the risk on the commodity markets also reflected the harmonious proportions of the three major industries, as we all know, the coordinated development of the national economy is the foundation of a countrys economic development, when commodity markets on the economic risks

23、are increasing proportion of the national economy is not coordination would seriously damage the growth of the national economy; price sensitive signal as a commodity market, there are risks in general stable prices is the premise of economic stability, inflation is expected to change production and

24、 consumption and plan disrupted the original configuration of the economy, making the economic ups and downs of the possible. 4. Measures to improve the quality of economic growth 7The level of the quality of economic growth is influenced by the mindset of the people, the management level of enterpr

25、ises and government, as well as economic and political system, and many other factors. Therefore, to improve the quality of economic growth should be a multi-pronged approach, seeking a variety of ways, and to develop appropriate measures. Fully understand implement the scientific concept of develop

26、ment, the importance of improving the quality of economic growth and improve the quality of economic growth is important to implement the scientific concept of development. To implement the scientific concept of development must pay full attention to improving the quality of economic growth. Require

27、ments of scientific development, economic growth is a new economic growth, therefore, must fundamentally change the understanding of the economic growth, not as in the past, mentioning that economic growth is the growth rate of the gross domestic product (GDP) , to change the rate of economic growth

28、 as a unique understanding of the goals and practices. to correctly handle the relationship of the quantity and quality of economic growth, and to improve the quality of economic growth in the important position, to improve the quality of economic growth as an important indicator of evaluation at al

29、l 8levels of government and business leaders. 5.Measure of the quality of economic growth and the Index System 5.1 economic growth selections of the Quality Measurement Methods The establishment in connotation to define the quality of economic growth based on the answer to this question, with two co

30、nnotations point of view of the existing research corresponding to the formation of two measures. Ideas: total factor productivity and the comprehensive evaluation index system. Most scholars the narrow efficiency perspective to understand the quality of economic growth are changes in total factor p

31、roductivity to measure the quality of economic growth, and total factor productivity gains are often mainly due to technological progress. Estimates of total factor productivity: the algebraic index Solow residual method, hidden variables, as well as potential output method, which can be divided int

32、o two categories, namely stochastic frontier analysis and data envelopment potential output method analysis. 5.2 Efficient allocation of resources In addition, a core problem is the efficient allocation of resources to improve the quality of economic growth, and total 9factor productivity growth doe

33、s not guarantee the efficient allocation of resources. In broad perspective to understand the quality of economic growth, the measure of the quality of economic growth through a comprehensive evaluation index system, which involves two main problems, one is the Selection and determination of the dim

34、ension of the index system, this depends on the definition of the quality of economic growth connotation; Second is the synthesis of the basic indicators, relevant research literature entropy method, relative index. 5.3 Construction of index of the quality of Chinas economic growth The quality of ec

35、onomic growth is not a single concept, build index system can not be exhaustive, covering all aspects involved in the quality of economic growth, reflects only the main content of the quality of economic growth. Connotation due to the quality of economic growth is defined as the efficiency of econom

36、ic growth, the structure of the economic growth, economic growth, stability, economic growth, welfare changes and achievements allocation, use of resources and ecological environmental costs, as well as the national economy, the quality of the six dimensions. 105.4 Economic efficiency composite inde

37、x system The economic benefit is the center of all economic work, but also the quality of economic growth in many connotations of the center. The level of economic efficiency is the most concentrated expression of the quality of economic growth. Economic activities have the funds, including fixed ca

38、pital and liquidity, investment, reflects this part number relativity between inputs and outputs, and is an important part of economic benefits. In theory, reflect the economic benefits of the funds used, indicators total capital output ratio should be calculated, but the total amount of funds used

39、for the whole society information is difficult to obtain, and the projection methodology currently used in some literature science and accuracy has yet to be explored . And thus can increase the amount of a certain period of gross domestic product ( GDP) and the method of comparison of the total inv

40、estment in fixed assets last year to calculate the coefficient of investment results. New indicators that the investment in fixed assets of the unit. This indicator incremental funding from the perspective reflect the economic benefits, but also, to some extent ,reflect the effect of a new level of science and technology and fixed assets investment

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