Study On The Growth Rate Of Chinese Construction Industry Output Contribution

In the last years of the twentieth Century, our country will be the construction industry as a pillar industry of the national economy, and the inclusion of economic development plan, given the construction industry an important historical mission and status. China will maintain a relatively high investment in technological transformation of real estate, as well as the basic construction, by contrast, in the construction market in the field of greater development opportunities. Consumption structure from the point of view, the construction industry is currently most in need of the rapidly developing field of city; from the process point of view, the present stage social workers have greater demand for residential buildings on the one hand, so that there is a considerable market space construction field; in addition, from the field of present stage the construction industry will be able to see a large number of surplus rural labor to absorb, can be resolved to a certain extent of the "three rural issues" and "employment", from this perspective, the rapid development of the construction industry can greatly promote the development of our national economy, and can effectively transfer a large number of rural surplus labor force, is conducive to social stability and development. Therefore, the development of the construction industry rules are summarized, the growth of construction industry output mechanism, so as to make it play its due role in the social development and national economic development in our country.In this paper, the Chinese construction industry from1995to2011data, based on data shows, total output value of China’s construction industry has an increasing curve in17years in2011, compared with1995, without considering other factors, the construction industry output value increased by20.2times, compared with an average annual growth of15.23%, year after year, fast growth since2000. Aiming at these problems, based on the Cobb Douglas production function and Solow equation analysis of science and technology, labor input and capital input on the relative contribution of output growth rate. Results show that, the output of the average annual growth rate of9.39%, the growth rate of labor input, capital investment growth rate (EL)(EK) and the progress of science and technology growth rate (EA) were32.63%,59.58%and5.37%. It is not difficult to see that, with the construction industry output growth the main source of labor input K and L contribute to the capital, the progress of science and technology of A is the least. At the provincial level, analysis found that the Pearl River Delta, Yangtze River Delta and the construction industry of Bohai area rapid development of Guangdong Province, the comprehensive strength of the construction industry in the upper level. Although China’s construction industry technology level is overall upward trend, but the construction industry in terms of science and technology is still much room for improvement, so great importance to construction of scientific and technological personnel training, strengthening of technical training and education workers, pay attention to technology innovation, improve the mechanism of management, reduce costs, improve production efficiency. To ensure the sustainable development of building industry.