Study on the Contribution Rate of Scientific and Technological Progress to Economic Growth in a Coal Enterprise

摘要

To calculate the contribution rate of the scientific and technological (S&T) progress to economic growth in a coal enterprise, the improved production function model and the Solow residual value method are adopted in this paper. This method includes three steps: Firstly, according to the processed data, the unknown parameters are estimated by SPSS. Secondly, the annual growth rate of each production factor is calculated. Thirdly, the contribution rate of S&T progress to economic annually is obtained based on the Solow residual method. In this paper, the highest contribution rate of S&T progress to economic growth reaches 36.06%, and presents a rising trend. Finally, based on the result, some suggestions and conclusions are provided accordingly.