The study of industrial structure change and economic growth in China's new economic based on optimal control model

摘要

The rapid growth of knowledge-based economy driven by the information technology revolution has had a profound impact on China's economic growth and industrial structure change. This paper re-examines the relationship between China's economic growth and industrial structure change based on the optimal control model. Furthermore, numerical simulations using the three industrial structure change models are carried out by using the parameters suitable for China. The empirical analysis shows that the share of each consumption sector is finally stabilized, and the economic growth rate depends on the technological progress rate of the capital goods sector.