Title: On the Relationship between the Development of Service Industry and the Transition of the Economic Growth Mode
Abstract: The transition of economic growth mode calls for a continuous enhancement of extensive growth.The development of service industry can boost the whole economic efficiency,but it also bears a characteristic of relatively slow growth rate of its productivity.Neither theoretical analysis nor empirical study can help us draw the conclusion that the development of service industry has remarkable effects in the degree of the economic growth intensiveness,so the proposition of enhancing the service industry in a large scale and increasing its proportion in order to promote the transition of economic growth mode deserves further discussion.
Publication Year: 2007
Publication Date: 2007-01-01
Language: en
Type: article
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