The Relationship between Traffic Transportation Industry and Economic Development in Shandong Province

How to deal with the relationship of them and make transport industry is harmonious with economy is the common topic of decision-makers and researchers. In this paper,the author uses the methods of correlation analysis,principle factor analysis,and regression analysis to explain the relationship between transport industry and economic growth in Shandong Province. Finally,the author calculates the coefficient of economic elasticity of transportation variables to find a way to develop Shandong's economy from transportation aspects.