The Synergy Theory on Economic Growth: Comparative Study Between China and Developed Countries

The book constructs the Synergy Theory, a new theory of economic growth and calculation methodology. The book involves empirical comparative study on economic growth between China and the 14 developed countries, and on the basis of the synergy theory, div

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e Synergy Theory on Economic Growth: Comparative Study Between China and Developed Countries

The Synergy Theory on Economic Growth: Comparative Study Between China and Developed Countries

Jianhua Liu Zhaohua Jiang •

The Synergy Theory on Economic Growth: Comparative Study Between China and Developed Countries

123

Jianhua Liu School of Management Engineering Zhengzhou University Zhengzhou, Henan, China

Zhaohua Jiang Faculty of Humanities and Social Science Dalian University of Technology Dalian, Liaoning, China

ISBN 978-981-13-1884-9 ISBN 978-981-13-1885-6 https://doi.org/10.1007/978-981-13-1885-6

(eBook)

Jointly published with Science Press, Beijing, China The print edition is not for sale in China Mainland. Customers from China Mainland please order the print book from: Science Press. Library of Congress Control Number: 2018950203 © Science Press and Springer Nature Singapore Pte Ltd. 2018 This work is subject to copyright. All rights are reserved by the Publishers, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publishers, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publishers nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publishers remain neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Singapore Pte Ltd. The registered company address is: 152 Beach Road, #21-01/04 Gateway East, Singapore 189721, Singapore

Preface

Over the past thousands of years of human civilization, the average annual economic growth of more than 2% only happened in western developed countries (such as the United Kingdom, France, Germany, the United States, and other countries) in the past 200 years. Prior to this, every country’s economy often developed at a very low growth rate. China’s high growth after the reform and opening up is a miracle in the history of human economic development. How to explain economic growth, or analyze economic growth quantitatively? In economics, it has started since the classical economic growth theory of Adam Smith and David Ricardo, who put forward the classical labor value theory. Marx’s Das Kapital and labor value th