The Research on the Relationship of Domestic Investment, Government Consumption, Household Consumption and Economic Growth -an Empirical Study of Fujian Province
With Fujian Province as object of study, panel data from 1981 to 2012 is selected in this paper. Besides, VAR model is established. Co-integration test, Granger causality, impulse response function and variance decomposition are used for quantitative analysis on correlation between domestic investment, government consumption, household consumption and economic growth in Fujian Province. The author reveals long-term stable balance among investment, government consumption and household consumption in Fujian Province as well as bidirectional causal relationship between economic growth and domestic investment, government consumption and household consumption. For a short term, household consumption is of relatively strong positive impact effect on economic gain, which is served as major impetus of economic growth. Domestic investment is of relatively obvious promotion for economic growth in a short term and of certain negative effect on economic growth in a long term. However, government investment is of relatively small positive impact to economic growth. Such promotion lasts for a longer period. On this basis, the author proposes some policies and recommendations for macroeconomic regulation and control in Fujian Province.
목차
Abstract 1. Introduction 2. Literature Review 3. Mathematical Models 3.1. Vector Auto Regression Model 3.2. Johansen Co-Integration Test 3.3. Unit Root Test 3.4. Granger Causality Test 3.5. Impulse-Response Analysis 3.6. Granger Causality Test 4. Empirical Analysis 4.1. Data Collection and Data Processing 4.2. Unit Root Test 4.3. The Optimum Lag Order 4.4. Johansen Co-integration Test 4.5. Granger Causality Test 4.6. Vector Auto Regression Model 4.7. Impulse-response Analysis 4.8. ANOVA 5. Conclusions Acknowledgements References
키워드
Domestic InvestmentConsumptionEconomic GrowthVAR
저자
Yuan Wang [ Jimei University, Xiamen 361021, China ]
보안공학연구지원센터(IJDTA) [Science & Engineering Research Support Center, Republic of Korea(IJDTA)]
설립연도
2006
분야
공학>컴퓨터학
소개
1. 보안공학에 대한 각종 조사 및 연구
2. 보안공학에 대한 응용기술 연구 및 발표
3. 보안공학에 관한 각종 학술 발표회 및 전시회 개최
4. 보안공학 기술의 상호 협조 및 정보교환
5. 보안공학에 관한 표준화 사업 및 규격의 제정
6. 보안공학에 관한 산학연 협동의 증진
7. 국제적 학술 교류 및 기술 협력
8. 보안공학에 관한 논문지 발간
9. 기타 본 회 목적 달성에 필요한 사업
간행물
간행물명
International Journal of Database Theory and Application
간기
격월간
pISSN
2005-4270
수록기간
2008~2016
십진분류
KDC 505DDC 605
이 권호 내 다른 논문 / International Journal of Database Theory and Application Vol.9 No.3