Factor Contribution Rate Of Economic Growth Of Chongqing City

Economic growth is an important and hot issue in economic theory.Since the ancient times,economists has been to explore the root causes of continued and instabled growth, advented the various schools of economic theory.The representative of Neo-classical growth theory,solow analysised the Total Factor Productivity first.Through the establishment of mathematical model,analysised capital,labor and other elements of the economic growth,established the well-known Solow model of economic growth.The current calculation of total factor productivity,The "Solow residual value method" calculate the Total Factor Productivity,is the most extensive method of analysising a contribution rate of the economic growth.Over the last decade,particularly since the Territory,Chongqing's economy has seen rapid growth.However,in general,Chongqing's economic growth mainly depends on the increase of factor inputs,Chongqing's economic growth is still growth with extensive features.To enable Chongqing to embark on the road to sustainable development,to achieve of the goal is has become the economic center of Upper and middle of the Changjiang River,So it is necessary analysising the elements of economic growth.In reviewing previous research and methods on economic growth theories,analyzed the impact of the main elements of economic growth,based on the economic development's data elements of Chongqing,analysised the element's contribution to economic growth.In this paper's preamble,analysised the background of the study,researched on the status of economic growth at home and abroad;chapterⅡof this paper,defined the theory of economic growth and discussed its main points and factor of economic growth in the process.ChapterⅢ,learned from the methods as well as model of the economic growth, compared the model of the Solow production functions,with the conclusions of the translog production function has the more advantages,choosed the translog production function model can be reduced the estimation error.ChapterⅣ,based on the Chongqing's data of 1991-2007,the Solow model,the use of ridge regression methods measured on the elements of production flexibility,as well as the contribution.The conclusion is:the economic growth of Chongqing due to the input of capital,Capital inputs contribute on the city's economic growth at an average rate of 51.7 percent.This is typical capital-pull urban economic growth.Total Factor Productivity is also played a very important role.It contributes to the economic growth at the average rate of 20.8 percent,but it is in an unstable changes, which is due to the economic system of Chongqing has a lot of changes. Relatively,labor and land played an unimportant role on the economic growth of Chongqing.Chapter V,in accordance with the conclusion,there are some measures to promote the economic growth of Chongqing.On the one hand,It should firmly seize the important factor,as capital inputs and total factor productivity;on the other hand,it can not ignore the less contribute rate of the elements,as labor and land.To preserve capital's the size and speed of growth;To actively promote Total Factor Productivity and increase the contribution of total factor productivity effect;To optimise the input of labor,To improve the efficiency of land.Then various elements can make the best use of improving economy.