Title :
Notice of Retraction
Appropriate technology, credit constraint and economic transition
Author :
Tang Li ; Zuwei Yu
Author_Institution :
Dept. of Econ., Wuhan Univ., Wuhan, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
The paper construct a neoclassical economic growth model in the context of credit constraints. The key component which is different with related literature is the appropriateness in the technology adoption. With technological appropriateness embodied in the capital-labor ratio, the economic resources´ reallocation from low-productivity firms to high-productivity firms, which is defined as economic transition, can be further hindered in comparison with the prior theoretical models which only investigate credit constraints.
Keywords :
constraint theory; credit transactions; economic indicators; appropriate technology; capital-labor ratio; credit constraint; economic resources reallocation; economic transition; neoclassical economic growth model; productivity firms; Finance; Friction; International trade; Investments; Production; Appropriate Technology; Capital-Labor Ratio; Credit Constraint; Economic Transition;
Conference_Titel :
Electronic and Mechanical Engineering and Information Technology (EMEIT), 2011 International Conference on
Conference_Location :
Harbin, Heilongjiang
Print_ISBN :
978-1-61284-087-1
DOI :
10.1109/EMEIT.2011.6023919
