Application of a modified CES production function model based on improved PSO algorithm

作者:

Highlights:

• The modified CES function takes into account the stages of technological progress.

• The improved PSO algorithm has fast convergence speed and high accuracy.

• The method of calculating the contribution rate is scientific and reliable.

• China’s economic growth factor contribution rate is given.

摘要

•The modified CES function takes into account the stages of technological progress.•The improved PSO algorithm has fast convergence speed and high accuracy.•The method of calculating the contribution rate is scientific and reliable.•China’s economic growth factor contribution rate is given.

论文关键词:CES production function,Contribution rate,PSO,Empirical analysis

论文评审过程:Received 11 March 2019, Revised 3 February 2020, Accepted 23 February 2020, Available online 13 March 2020, Version of Record 2 September 2020.

论文官网地址:https://doi.org/10.1016/j.amc.2020.125178