An analysis of growth drag from water and land in China

Resource is the necessities for human survival and development. According to the hypothesis of Romer´s theory, growth drag is caused by the limitation of resource and land in fact. This paper considers the influence of excessive water using on Chinese economic and farther analyses the economic growth drag of China. The results show that the growth drag value for the water resource being excessively exhausted is 0.001397, and that for the land resource being excessively exhausted is 0.013201, and that for the water and land resource being excessively exhausted is 6 times as much as that of America. The growth drag is so strong, so we must rely on technology progress in order to plan human and nature as a whole and to realize the goal of economic growth. And technology progress is the only approach to resolve the question to the growth drag.