Technological progress contribution rate calculation of coal mining industry:Comparison between the 10th and 11th Five-year period
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Abstract
The technological progress contribution rate of coal mining industry is calculated based on time series data from 2000 to 2010 with Solow residual method.The results show that the elasticity coefficient of labor input and capital investment are 0.5497 and 0.3806.And the technological progress contribution rate of coal mining industry during 10th five-year period and 11th five-year period are 40.01%and 37.85% respectively.
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