Measurement of China's Technological Progress in Labor Productivity Growth
The measurement of technological progress in Marxist theory revolves around labor productivity.Based on the textual analysis of factors influencing labor productivity in Marxist theory,this paper constructs a labor productivity growth model under the conditions of the digital economy.By utilizing recursive state-space techniques,the model directly estimates the rate of technological progress.Furthermore,by combining this model with Marxist economic growth theory,the paper indirectly measures the economic growth effects of China's technological progress during the sample period.Empirical results from 2004 to 2020 reveal that China's technological level has shown an overall uneven upward trend since 2004.With the exception of negative contributions to technological progress and its growth rate during 2008,2009,and 2020,which were affected by the global financial crisis and major health events,the contribution of technological progress to economic growth in other normal years remained consistently high.Additionally,the impact of the digital economy on output growth has not overcome the productivity paradox,which may be due to the digital economy's reinforcement of the effect of technological substitution of labor,ultimately suppressing the rise in labor productivity.