Most of western classic theory of economic development neglect the contribution of land element to economic growth. But land element has made great contribution to China＇s economic growth at the present stage. Based on translog production function, this paper constructs an economic growth model of Hubei Province including land element, and solves the model parameters by using ridge regression. The results show that land element contributed significantly to the economic growth of Hubei Province. Two approaches for scientific land utilization ar...
