2011Applied Mechanics and MaterialsOpen access

Gray Relevance Analysis of Scientific and Technological Input and Economic Growth of Hebei

Jian Na Zhao, Jing Li

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Abstract

According to the data related to infrastructure expenditure,project number and persons engaged in scientific and technological activities during 2003-2008 of Hebei,in addition to the gross domestic production(GDP),by using gray relevance analysis principle and method,this paper analyzes the relationship between scientific and technological input and economic growth and concludes that there is close relation between economic growth and scientific and technological input.Especially the project number has more effect on the GDP.The conclusion can provide some theoretical support forgovernment decision and some suggestions are also given.

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What this paper is about

According to the data related to infrastructure expenditure,project number and persons engaged in scientific and technological activities during 2003-2008 of Hebei,in addition to the gross domestic production(GDP),by using gray relevance analysis principle and method,this paper analyzes the relationship between scientific and technological input and economic growth and concludes that there is close relation between economic growth and scientific and technological input.Especially the project number has more effect on the GDP.The conclusion can provide some theoretical support forgovernment decision and some suggestions are also given.

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Available abstract

According to the data related to infrastructure expenditure,project number and persons engaged in scientific and technological activities during 2003-2008 of Hebei,in addition to the gross domestic production(GDP),by using gray relevance analysis principle and method,this paper analyzes the relationship between scientific and technological input and economic growth and concludes that there is close relation between economic growth and scientific and technological input.Especially the project number has more effect on the GDP.The conclusion can provide some theoretical support forgovernment decision and some suggestions are also given.

Key concepts: Relevance (law), Gray (unit), Gross domestic product, Economics, Production (economics), Technological change, Economic growth, Macroeconomics

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