Fixed Assets Investment and Economic Growth-An Empirical Analysis of China's Economy from 1978 to 2007

被引:0
|
作者
Lei, Hui [1 ]
机构
[1] Shanghai Inst Foreign Trade, Res Inst Int Econ & Trade, Shanghai 201620, Peoples R China
关键词
Fixed Assets Investment; Economic Growth; Cointegration Test; Error Correction Model; Granger-Causality Test;
D O I
暂无
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This paper applies the Econometrics methods such as Cointegration Test, Error Correction model (ECM) and Granger-Causality Test to examine the underlying relationship between GDP and Fixed assets investment in China. The data covers the yearly period from 1978 to 2007. The empirical result shows that investment in fixed assets has strong pulling effect on economic growth. And there also exists bidirectional causality and long-run steady relationship between investment in fixed assets and economic growth in China.
引用
收藏
页码:1900 / 1904
页数:5
相关论文
共 50 条
  • [1] An Empirical Study on the Investment of Fixed Assets to Economic Growth in Jiangsu Province
    Zhou Yan
    Wang Chenyuan
    [J]. 2019 16TH INTERNATIONAL CONFERENCE ON SERVICE SYSTEMS AND SERVICE MANAGEMENT (ICSSSM2019), 2019,
  • [2] The Empirical Research on Relationship Between Fixed Assets Investment and Economic Growth
    Wang Xigang
    Zhang Haiyan
    [J]. PROCEEDINGS OF THE 9TH INTERNATIONAL CONFERENCE ON INNOVATION AND MANAGEMENT, 2012, : 1340 - 1345
  • [3] Analysis of the regional differences between fixed assets investment and China's economic growth from the perspective of functional data
    Cheng, Tianqi
    Chen, Guici
    Zhang, Zuo
    Jiang, Feng
    [J]. 2020 2ND INTERNATIONAL CONFERENCE ON COMPUTER SCIENCE COMMUNICATION AND NETWORK SECURITY (CSCNS2020), 2021, 336
  • [4] The impact of China's investment increase in fixed assets on ecological environment: an empirical analysis
    Li Lili
    Qi Peng
    [J]. 2010 INTERNATIONAL CONFERENCE ON ENERGY, ENVIRONMENT AND DEVELOPMENT (ICEED2010), 2011, 5 : 501 - 507
  • [5] Fixed investment and economic growth in China
    Kwan, ACC
    Wu, YR
    Zhang, JX
    [J]. ECONOMICS OF PLANNING, 1999, 32 (01): : 67 - 79
  • [6] Fixed Investment and Economic Growth in China
    Andy C. C. Kwan
    Yangru Wu
    Junxi Zhang
    [J]. Economics of Planning, 1999, 32 : 67 - 79
  • [7] The Role of Foreign Trade in China's Economic Growth-An Empirical Study Based on EVA Model
    Li, Yichen
    [J]. PROCEEDINGS OF THE 2016 INTERNATIONAL CONFERENCE ON ECONOMICS, SOCIAL SCIENCE, ARTS, EDUCATION AND MANAGEMENT ENGINEERING (ESSAEME), 2016, 71 : 60 - 64
  • [8] Economy of Russia’s Northern regions: Investment in fixed assets
    Yu. A. Gadzhiev
    V. I. Akopov
    T. S. Krestovskikh
    [J]. Studies on Russian Economic Development, 2012, 23 (5) : 488 - 498
  • [9] Empirical Analysis on China's Provincial Economy Opening Degree and Economic Growth
    Chen Siyun
    Shen Wen
    Wang Guoxian
    [J]. PROCEEDINGS OF 2009 INTERNATIONAL CONFERENCE OF MANAGEMENT ENGINEERING AND INFORMATION TECHNOLOGY, VOLS 1 AND 2, 2009, : 947 - 951
  • [10] An Empirical Study on the Relationship Between the Fixed Assets Investment and the Employment in China
    Feng Qinliang
    Chen Jiancheng
    [J]. RECENT ADVANCE IN STATISTICS APPLICATION AND RELATED AREAS, VOLS I AND II, 2009, : 2424 - 2431