promote the transformation and upgrading of the consumption structure and vigorously advance the development of modern service industries; accelerate the coordinated and healthy development of the elderly public service system and the elderly care industry to tap into the potential of the silver economy;...
According to Barro and Lee [42], this paper employs the average years of education of the labor force to approximate the level of human capital. Logarithmic form is taken when the model is regressed to reduce the heteroscedasticity. (5) Economic development (𝐺𝐷𝑃𝑖,𝑡)GDPi,t). A...
So the TFCP growth is a combined result of technological progress and technological efficiency, and technological progress is a more powerful force. This can be explained that the technology and management level is more mature with continuous marketization improvement, and the marginal productivity of ...
According to Barro and Lee [42], this paper employs the average years of education of the labor force to approximate the level of human capital. Logarithmic form is taken when the model is regressed to reduce the heteroscedasticity. (5) Economic development (𝐺𝐷𝑃𝑖,𝑡)GDPi,t). A...