A trial application of some methods to determining the contribution of science and technology for economic growth in Vietnam
Keywords:
Science and technology, Economic growth, Productivity, Capital, Labor, Method of growth accounting, Econometric EvaluationAbstract
Over the past decades, science and technology has been proved to significantly contribute for economic growth based on development theory and the method of growth accounting and econometric evaluation. However, in order to provide detailed and objective findings, these theories and methods require sufficient and necessary conditions such as the level of completion and accuracy of data and statistics sources or how the experts are knowledgeable and experienced. The results of trail applications in the fishery sector had shown that the lack of these conditions will cause difficulties, but it does not mean that the contribution of S&T to economic growth is not able to be determined.
Code: 13110801
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