Study on Pareto Improvement of Technological Progress, Economic Growth and Employment

Abstract

Technological progress promotes economic growth, and economic growth promotes employment expansion, but technological progress and employment also present the obvious repelling effect, so the three have intrinsic contradictory relations. Looking from the present development phase, China must continue to achieve economic growth and full employment which can help to build a socialist harmonious society, and continue to introduce and develop advanced technology to improve international competitiveness. Therefore, this article further studies the relationship among technology advancement, economic growth and employment from the economic angle, and seeks effective measures of Pareto improvement to promote the three communal developments while technology advancement, economic growth, also lower impact of technological progress on employment.