Analysis on the Relationship between Intramural Expenditure on R&D and Economic Growth of China

被引：0

作者：

Hou Guisheng ^{[1
]}

Han Guiling ^{[1
]}

Jiang Xiujuan ^{[1
]}

机构：

[1] Shandong Univ Sci & Technol, Coll Econ & Management, Jinan 266510, Peoples R China

来源：

RECENT ADVANCE IN STATISTICS APPLICATION AND RELATED AREAS, PTS 1 AND 2 | 2011年

关键词：

R&D investment; GDP; Cointegration test; Error correction model; Granger causality test;

D O I：

暂无

中图分类号：

O1 [数学]; C [社会科学总论];

学科分类号：

03 ; 0303 ; 0701 ; 070101 ;

摘要：

The cointegration and causality relationship between China intramural expenditure on R&D and GDP growth from 1991 to 2008 of China is investigated by applying time series methods as stationarity test, cointegration test, error correction model and Granger causality test. The result shows that there's a long-term stable equilibrium relationship between intramural Expenditure on R&D and economic growth, and the Granger causality test illustrates that China intramural expenditure on R&D plays a positive role on the GDP growth and whereas economic growth has somewhat positive feedback effect on intramural Expenditure on R&D.

引用

页码：87 / 90

页数：4

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