Title: Analysis of Technical Progress for China's Construction Industry
Abstract: China's construction industry is one of the important supporting industries for national economy and associates with the progress of urbanization.Its performances,however,are not too well in production efficiency and physical import for technical progress,although its status and action of supporting industry are increasingly built up.The technical progress contribution ratio for growing velocity of China's total output of construction industry is 39.01% in the year of 2004 based on the method of growing velocity equation.Further study is needed for technical progress contribution ratio of construction industry because different results were made by different methods.Considering that the contribution ratios of labor and capital to growing velocity of China's total output of construction industry are getting down and technical contribution ratio is getting up, technical progress is the only way for construction industry development.
Publication Year: 2007
Publication Date: 2007-01-01
Language: en
Type: article
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