Empirical analysis of effect of scientific and technological advancement on export of textiles of China

In accordance with relevant theories that explain the connection between scientific advancement and economic growth,this paper bases itself on C-D production function and Solow′s residual measurement,and analyses the contribution rate of science and technology to China′s textile industry.Using grey relative analysis,it also estimates the variables of capital output elasticity and labor output elasticity,and calculates the contribution rate of science and technology to China′s textile industry from 2001 to 2010.The paper sets an exponential regression model for the two variables by looking into the relationship between the contribution rate of science and textile export growth,with the former as an independent variable and the latter a dependent one.A significance test of this model indicates an apparent correlation between the contribution rate of science and the growth rate of China′s textile products-scientific and technological advancement plays an important role in promoting the export of China′s textile products.