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Academic Journal of Business & Management, 2020, 2(4); doi: 10.25236/AJBM.2020.020404.

Research on Economic Growth of County Economy in Daqing under the New Normal

Author(s)

Bowen Gao1,*

Corresponding Author:
Bowen Gao
Affiliation(s)

1 College of Economics and Management, Heilongjiang Bayi Agricultural University, Daqing 166319, China
*Corresponding author e-mail: [email protected]

Abstract

The economic characteristics of counties in Daqing are different. In order to fully reflect the economic growth characteristics of counties in Daqing, Lindian was selected as the main research object. From Solow model, this study can analyze the influence of factors such as the growth of exhaustible resources and government expenditure on economic growth. Under the path of balanced growth, technological progress can make up for the shortage of exhaustible resources. Government spending can compensate for the economic growth dilemma caused by insufficient exhaustible resources and lower rate of technological progress. Suggestions are given to effectively promote the sustainable and stable development of county economy in Daqing.

Keywords

county economy, economic growth, new normal, agricultural modernization

Cite This Paper

Bowen Gao. Research on Economic Growth of County Economy in Daqing under the New Normal. Academic Journal of Business & Management (2020) Vol. 2, Issue 4: 29-40. https://doi.org/10.25236/AJBM.2020.020404.

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