Empirical Analysis of Economic Growth in Zhejiang Province Based on Industrial Structure and Energy

Given the growth theory of Solow,this paper applies principal component regression model to the function of Cobb-Douglas by taking the industrial structure factor together with energy and international trade factors into account,making an empirical analysis of the relationship among economic growth,industrial structure and energy consumption.Considering both the industrial structure factor and energy factor in this paper is only a preliminary effort.Results show that industrial structure and energy factors have more positive influence on economic than other factors.In the end,we promote corresponding suggestions,for example,two hands grasp,that is doing well both in industrial structure and energy consumption optimization and upgrading.