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With the rapid development of economy in China, the role of services economy in the social life and national economy growth becomes more and more important. In this paper, we formulate a services economy growth factors model base on the related data of services economy growth in China in 2007. Chinese services economy growth factors have been empirically analyzed using the per capita GDP, the level...
In order to discuss the causality relationship between services industry and economy growth in China ,this paper makes an empirical analysis of the causality relationship between services industry and economy growth using Granger causality test, unit root rest and cointegration test according to the corresponding data from 1980 to 2007 in China. The results show that there is some causality and a...
Producer services gradually become the dominant force of the increasing economy and play a very important role in the development of manufacturing industry. Interactive development between producer services and manufacturing industry in China has been empirically analyzed based on the relative data of them collected from 1990 to 2007. The results show that there is a long-term balanced relationship...
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