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Analysis of Dynamic Mechanism of Economic Growth in Large Developed Countries

  • Yao Ouyang
  • Xianzhong Yi
  • Lingxiao Tang
Chapter

Abstract

Throughout the economic development history of developed countries (mainly referring to the United States, Japan, Britain, France, Germany in this book) for more than 200 years, their economic growth model has experienced the evolution from the quantity-oriented growth driven by labor and capital input in the early stage of industrialization to the quality-oriented growth driven by technology (knowledge) in the “post-industrial era”.

Reference

  1. Solow, R.M. 1956. A Contribution to the Theory of Economic Growth. The Quarterly Journal of Economics 70: 65–94.CrossRefGoogle Scholar

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Yao Ouyang
    • 1
  • Xianzhong Yi
    • 2
  • Lingxiao Tang
    • 3
  1. 1.ChangshaChina
  2. 2.ChangshaChina
  3. 3.ChangshaChina

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