Abstract:In order to explore the operating mechanism and seek healthy development path of resource-based economy, through the establishment of a three-sector endogenous growth model, the article explains the mechanisms and characteristics of factor mobility and path selection of resource-based economy. Results of the analysis model are obtained that in case of deteriorated factor allocation resource development dependence not only directly impedes the long-term economic growth, but also through other indirect effects of socio-economic variables weakens economic growth capabilities. And the idea is tested through the establishment of econometric model. On this basis, the article believes that the key to the successful transformation of the resource-based economy is to achieve the elements optimal allocation, and to build progressive capital formation ability.