Quantitative Analysis Of Economic Growth Factors Of Shandong Province

Economic growth is a subject that the various countries and regions around the world are commonly concerned about, Government ensure that when draw up the policy economic growth is the most important macro-economic indicators. The public generally believe that economic growth is the prerequisite to improve economic prosperity and national well-being. As economic growth play a important role, so many people begin to lay emphasis on the study of economic growth. Whether it is in theoretical sense or it is in practical significance, research on economic growth can promote China’s rapid and stable and sustaining economic growth.Shandong Province play an important role in the northeast economic circle,in order to make economic development, so need to know the influence element.“ solow remaining value ”,which means the technology,the model is widely used in the research of economic development. This essay makes good use of the model,also,based on the relative data which are used in the model of Shandong Province from 2001 to 2013,so the function of technology can be calculated by means of the econometric tests through Eviews. First, the essay decides to use the solow model to analyse the economic development of Shandong Province, then based on the third industries to analyse the influence level of some relative element used in the model. It shows the capital investment is the first element, which is very important. But technology which is also very important the element make little influence on the economic development. The situation need to be transferred, enhance the level of technology and depending more on the knowledge science and skill. The development model is rough, so need to transfer to be intensive model and narrow the gap with other developed countries. Only do this can Shandong Province continue to development fast, stable. We need to face the question and the policy suggestion need to be valued.