The Measurement of Ocean Scientific and Technological Progress Contribution in China

Kedong Yin, Hengda Zhang

Abstract


Marine science and technology, which supports the development of marine economy, has entered the frontier of the international science and technology the effect is becoming increasingly evident. From the perspective of the role of marine S&T on the development of marine economy, this paper builds measurement model basing on C-D production function and Solow residual method to calculate the contribution rate of marine scientific and technological progress. It turns out that marine scientific and technological progress contributes approximately 23.35% to the entire marine economy during 2001 and 2010. This paper also analyzes the factors influencing the contribution rate marine scientific and technological progress, and then provides several policy proposals.


Full Text: PDF DOI: 10.5539/ijef.v4n8p126

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This work is licensed under a Creative Commons Attribution 3.0 License.

International Journal of Economics and Finance  ISSN  1916-971X (Print) ISSN  1916-9728 (Online)

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