Simulation and Statistical Analysis of Influencing Factors in the Development of Construction Industry

Authors

  • Songyan Zhang, Huixiang Liu, Peirong Xie, Biao Xv

Abstract

To explore the impact of labor and capital investment on the construction industry in western China, this paper simulates and makes statistical analysis on the impact process of labor input and capital investment on the construction industry in Western China based on the C-D production function model, making use of the Solow growing model to calculate the contribution rate. The results show that the Western construction industry is in the stage of extensive growth. Its development depends mainly on capital investment, followed by technical investment. Due to the labor force is mainly focused in the eastern district, the impact of the Western labor input on the progress of the construction business is not significant. The results will provide the root for western building continued stable development.

Published

2020-10-01

Issue

Section

Articles