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The Study on Contribution of Information Resource to Economy Growth Based on Panel Data |
Yu Liping |
(College of Economics and Management, Nanjing Agricultural University, Nanjing 210095,China) |
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Abstract This paper attests that panel data can provide more information, less multicollinearity, more freedom degree and more efficiency from principles, methods, examples in information resource fields. Adopting panel data of the 31 provinces in China, this paper assesses the contribution of capital, labor and information resource to economic growth, among which the elasticity of labor versus output is the highest which is followed by capital elasticity, while the elasticity of information resource is the lowest of the three.
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Received: 29 August 2005
Published: 25 December 2005
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Corresponding Authors:
Yu Liping
E-mail: chinayangzhou@yahoo.com.cn
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About author:: Yu Liping |
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