| Shanxi province, known as"sea of coal", is rich in energy and has made great contribution to the national economical development. But judging from its development course, it mainly depends on the unceasing investment and at the cost of high consumption to realize fast economical growth. Such kind of development pattern and economical increasing way of extensive energy consumption that pays attention to quantity while neglecting quality, has not only restricted the development of coal and relevant energy industry, but also limited the continual development of economy and the coordinated environment protection of Shanxi province.Generally speaking, basic elements which might affect coal and other resource-based industry can be classified into three categories: labor, capital and technology. In respect of labor, coal industry in Shanxi province serves as the pillar industry and employs a large number of surplus labors; to some extent, it solves the employment problem. However, large investment on labor resources doesn't bring in enough output increase. According to the endogenous growth theory, the element of labor is affected by the law of diminishing marginal returns, because of the constraints of the overall low quality of the labor force, with the increase in labor input, to a certain extent, the profit increase from labor input to the coal industry will be very limited. This means that if we want to promote the development of Shanxi coal industry, it is difficult to achieve by simply relying on increasing labor input. Labor is not possible to determine the long-term economic growth of coal industry. Concerned about capital, the capital-output flexibility of coal industry in Shanxi province is obviously higher than labor-output flexibility. At present, although capital accumulation is still an important factor in the growth of value in the coal industry coal industry in Shanxi province, capital and labor are governed by the law of diminishing marginal returns, and from the results of data calculation, economic contribution of capital is already descent. Therefore, capital can not play a decisive role in the restructuring and development in the coal industry in the long term. With the improved ability on productivity from new technology, technological progress is becoming increasingly important on the restructuring development of coal industry. And technological advancement is a connotation of reproduction on the promotion of economic growth in coal industry. Compared with capital and labor, it should attract our attention and concern. It can be concluded that the restructuring development of coal industry should mainly depend on capital and technology. Particularly, in the background of current coal resource consolidation, researching on technological progress and restructuring development of coal industry has certain theoretical and practical significance. Technical advancement includes the introduction of technology and technological innovation. This thesis draws related theory from technological advancement and industrial transformation, using the combination of theory and practice, specification analysis and empirical study, and qualitative and quantitative methods. It selects the data from 1998 to 2007 and concludes that technological advancement the primary factor in the restructuring of coal industry. Combining with the actual situation of coal industry, it proposes that the coal industry, in the transformational process, is facing with low market concentration, the industry's overall quality, waste of resources, safety issues. This thesis puts forward that at the precondition of technical introduction, innovative research should be accomplished well to achieve the near-term objective and settle good foundation for the great transformation in the long run. Specific measures should be focusing on talent development, continuing promoting coal resource consolidation, making full use of coal gas energy, etc. |
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