Research on the relationship between China’s forestry fixed asset investment and forestry economic growth in the construction of ecological civilization

Forestry is the main body of ecological civilization construction and the basic industry of the national economy. The development of the forestry industry plays an important role in promoting the growth of the national economy and protecting the national ecological security. This paper adopts measurement techniques such as unit root test, Johanson co-integration test and impulse response of panel data, and uses VAR model and data of 2013-2016 of forestry fixed assets investment and forestry economic growth to investigate and study the balance and short-term dynamic relationship between forestry fixed assets investment and forestry economic growth. Through research, it has been found that the total output value of forestry and the time series of forestry fixed asset investment have the same order monotony, and there is a long-term stable equilibrium relationship and a causal relationship between two-way interaction. From the VAR test results, the two have a strong degree of mutual influence. © 2018, SHPMedia Sdn Bhd. All rights reserved.