Shandong Province Economic Development Zone Development Status And Growth Factor Analysis

Economic growth is important in the study of economics theory foundation, can use a production function to reflect the economy of the number of relationship between input and output, using econometric analysis method, the solow model of new classical growth theory, research development zone economic growth. This paper, some related research results has been expounded development zone development and economic growth theory, but the lack of relevant data in view of the development zone, access and limitations, the paper based on the mastery of the development zone in shandong province from 2006 to 2010 in the related data, choose the capital, labor, and the analysis of the total factor productivity as the main factors of the economic growth, using economic growth factor analysis model of development zone and measure the influence for the development of Shandong’s economic growth. Used in a variety of production function to study the economic growth in the literature, contains both capital and labor of the two basic factors of production.Based on c-d production function is constructed in this paper the development of economic growth factor analysis model, from the different region, different kinds of administrative divisions and different development zone rating scale, and the shandong peninsula blue economic zone development zone, using Eviews6.0 econometric software, factor analysis of the development zone in shandong economic growth model by regression analysis and estimation, analysis under the condition of different development zone economic growth factor’s influence on the development zone economic growth. Results showed that the regression model of different types of development zones, capital and labor output elastic coefficient are all have a positive effect on development zone economic growth, the output elasticity of labor than the capital output elastic coefficient are high, show that development of labor-intensive growth characteristic; Moreover, most of the development of both capital and labor output elastic coefficient is bigger than the sum of 1, show that exist in development zone output scale increasing return phenomenon.