Application of improved Solow model for evaluating the social benefit of water-saving agriculture
- Resource Type
- Conference
- Authors
- Chu, Linlin; Chen, Jing
- Source
- 2009 IEEE International Conference on Industrial Engineering and Engineering Management Industrial Engineering and Engineering Management, 2009. IEEM 2009. IEEE International Conference on. :915-919 Dec, 2009
- Subject
- Engineering Profession
General Topics for Engineers
Power, Energy and Industry Applications
Agriculture
Stochastic processes
Time domain analysis
Calculus
Telecommunication traffic
Traffic control
Network servers
Wireless networks
Telematics
Computer networks
Solow model
water-saving agriculture
social benefit
economic growth
contribution rate
- Language
- ISSN
- 2157-3611
2157-362X
Based on the Solow model, technological progress and capital input are divided, and an improved Solow model is established. This model is applied to calculate the contribution rate of all input factors to economic growth and to evaluate quantitatively the social benefit of water-saving agriculture in China from 1991 to 2005. It is concluded that the contribution rates of all input factors are obviously different. Among these factors, the contribution rate of technological progress in water-saving agriculture is greater than the capital input of water-saving agriculture. Although periodic fluctuations are evident, the social benefits of water-saving agriculture generally have a stable development process. Water-saving agriculture is currently playing an important role in China.