Abstract The focus on supply-side reform is optimizing the allocation of labor, capital, technology input and other factors, and the private economy is an important engine of China’s economic transformation, so this paper studies the factor allocation efficiency of private economic growth and its spatial and temporal evolution track from the perspective of supply side. The results indicate:From the perspective of time, the driving strength of capital and technology shows upward spiral features from 1992 to 2014, and the driving strength of labor increases after 2008; From the perspective of space distance, the spatial center of gravity of private economic growth is still partial to the southeast while the spatial center of gravity of labor began to shift the central region; From the perspective of regional scope, the advantages of technology innovation and human capital in the Yangtze river delta and southeast coastal areas has not appeared, and the efficiency of private economic growth in the northeast economic region is the lowest, furthermore, the type of regional private economy growth is mainly the capital driven.
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Received: 06 January 2016
Published: 15 April 2016
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Corresponding Authors:
GUO Yujing
E-mail: davidguo99@163.com
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