A TIME SERIES ANALYSIS ON THE RELATIONSHIP BETWEEN GROSS FIXED CAPITAL, LABOR FORCE AND ECONOMIC GROWTH IN CHINA
Journal Title: Topics in Economics, Business and Management (EBM) - Year 2017, Vol 1, Issue 1
Abstract
from year 2000 to 2015, China’s GDP growth rate has rapidly increased and specifically it has reached the level at 11.4%. This paper is to test the relationship between gross fixed capital (constant: USD), labor force and economic growth and the potential economic policies will be suggested in corresponding to the results. The method of data analysis will be using the ADF unit-root test and finally the Granger causality test will be applied to test the correlation both in long term and short term. Causality is examined between gross fixed capital, labor force and gross domestic product. Therefore, the results reveal that there has long-run causality deriving from labor force or gross fixed capital to economic growth. In the short-run, there is no causality between labor force and economic growth.
Authors and Affiliations
Pu Ruihui, Guo Jing
Keywords
Related Articles
- EP ID EP412895
- DOI 10.26480/icemi.01.2017.196.197
- Views 81
- Downloads 0
CAN THE BALANCE OF MANAGEMENT CONTROL IMPROVE PERFORMANCE?
The balance of management control has become more important with the advent of the new control era, but mainstream researches often separate to discuss it. The study analyzes the influence of consistency of management co...
INNOVATION MODE AND EVALUATION SYSTEM OF EMBEDDED INFORMATION LITERACY EDUCATION IN COLLEGES AND UNIVERSITIES
The combination of modern information technology and Internet media technology has led to the reform in information literacy education. In order to better integrate the disciplining service model in library and informati...
AN ONLINE ADAPTIVE CLASSIFICATION OF GOOGLE TRENDS DATA ANOMALIES FOR INVESTOR SENTIMENT ANALYSIS
Google Trends data has gained increasing popularity in the applications of behavioral finance, decision science and risk management. Because of Google’s wide range of use, the Trends statistics provide significant inform...
RELATIONSHIP BETWEEN URBANIZATION AND ENVIRONMENTAL POLLUTION IN CHINA
This paper aims to use the panel data of 31 provinces (autonomous regions and municipalities) in China from 2005 to 2014, to build a measurement model based on the environmental Kuznets curve hypothesis, and to make an e...
RESEARCH ON ENTREPRENEURSHIP PSYCHOLOGY OF COLLEGE STUDENTS UNDER THE BACKGROUND OF ELECTRONIC COMMERCE
In the context of high social concern for college students, entrepreneurship psychology has become one of the hot topics of social concern. Today, with the booming development of Taobao, Jingdong and other electronic com...