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The Research on the Mechanism of Financial Development Promote Technical Progress

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Future Communication, Computing, Control and Management

Part of the book series: Lecture Notes in Electrical Engineering ((LNEE,volume 142))

Abstract

Through decomposing technical progress into technology innovation and technical efficiency, This paper research the relationship between financial development with technology innovation and technical efficiency respectively. The conclusion find that financial development promote technical progress significantly, but the effect in every region are different; The promotion effect of financial development on technical efficiency is greater than on technology innovation.

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Correspondence to Honghui Deng .

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© 2012 Springer-Verlag GmbH Berlin Heidelberg

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Deng, H., Su, J. (2012). The Research on the Mechanism of Financial Development Promote Technical Progress. In: Zhang, Y. (eds) Future Communication, Computing, Control and Management. Lecture Notes in Electrical Engineering, vol 142. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-27314-8_17

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  • DOI: https://doi.org/10.1007/978-3-642-27314-8_17

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-27313-1

  • Online ISBN: 978-3-642-27314-8

  • eBook Packages: EngineeringEngineering (R0)

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