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Economic growth has become an academic research focus. In this paper, economic growth of Liaoning Province in recent 10 years is studied based on the catastrophe theory. First, the evaluation index system of economic growth is established according to factors affecting economic growth. And the relative importance of indexes is determined by the entropy weight method. Indexes' catastrophe assessment...
The aim of the study is to examine the causal relationship between gaming industry and economic growth in Macau over period from 1984 to 2015. The study finds the existence of long-run cointegration relationship. But, this study does not find the one- and two-directional causal relationship between GDP and gaming tax revenues. Furthermore, gaming tax revenues have short-run effect on GDP and slightly...
Based on the theoretical analysis of mechanism of exchange rate changes on economic growth, this paper examines the impact of real effective exchange rate volatility on economic growth over the period 1995–2014 in the process of RMB internationalization through establishing the VAR model. The results show a significant negative relation between the real effective exchange rate rise and import and...
Regional financial markets are acknowledged as the determinant influencing and restraining regional economic development with deepening economic financialization. However, there is no clear and well-acknowledged understanding about to what degree regional financial development is correlated with regional economic growth, whether the correlation varies from one region to another, and how regional finance...
It has always been the hot topic as how it works between the financial development and the economic growth. How about it in Lianyungang city, the leading developing coastal city? By applying VAR Model and Granger Causality Test, the article studies the relationship between regional financial development and economic growth in Lianyungang city in the period from 2000 to 2011. The empirical results...
For a quantitative analysis of correlations between China's telecommunication industry and economic and social development, this paper takes the United States as the standard reference models employs econometric tools such as Feder Model etc, select authentic statistics respectively issued by National Bureaus of China and the USA 2009 for a simulation data estimation and makes a an empirical analysis...
Based on the Production Function Model, the paper analyzes the interrelation of transportation infrastructure investment and economic growth in different provinces from 1994 to 2009. And in the conditions of constant returns to scale and increasing returns to scale, the paper also calculates the output coefficients of provincial transportation infrastructure investment respectively. The result is...
The coordination evaluation between technical progress and economic growth has caused considerable concern from scholars, which related to the level of the regional scientific progress and industry development. This paper establishes the entire coordinated evaluation model of T&E (technical progress and economic growth) system with coordinated development theory and coordinated degree conception...
Human capital has a positive correlation to economic growth in Hunan Province. Among them, the improvement proportion of higher education population plays a greater role on economic growth in Hunan Province. After 30 years of development, Hunan province has made tremendous progress in education, but there is the great potential to be tapped. Therefore, we should keep improving the level of educational...
The 21st century is marked with a new trend towards new technological innovation, cross-cultural communication, globalization of economy, economization of knowledge and internationalized economic and commercial rules, which presents new challenges to the economic and social development of China and her enterprises' participation in the domestic and foreign markets. Intellectual property economy has...
In order to analyze the effective impetus structure that promotes China's economic growth after the era of economic crisis, we selected seven index variables from education, foreign trade, investment, technology innovation, social security, urbanization development and level of the third industry. Then, we had a regression analysis on them using correlation analysis and principal component analysis...
China has made the miracle that its GDP growth rate keeps being 9% in 30 years. However, at the same time, its employment pressure is increasing year by year. In recent years, the amount of registered urban unemployed population keeps being above of 8 million. The unemployment rate rises to 4.3%, and the amount of rural surplus labor is beyond 150 million. Some research shows that, the economic growth...
Empirical analysis of the relationship between China's energy consumption and economic growth based on Time series data from 1978 to 2008 is conducted, using Cobb-Douglas production function and Co-integration analysis as well as error correction model. The results of study show that at the present stage, consumotion of energy has become an important factor in Promoting economic growth. Meanwhile,...
This paper analyzes the dialectical relationship between coal consumption and environment and economic growth; meanwhile discusses the reasonable coal consumption patterns based on constraints of economic growth and environment, which is of significance to ensure the sustainable development of the coal industry.
The development of cross-strait trade is more and more important to economic growth of Taiwan. Based on the economic data during 1990 to 2008, this paper builds a co-integration and error correction model for cross-strait trade and Taiwan GDP with the ADF unit root test and co-integration. Granger causality test shows that there is a long-term stable relationship between Taiwan's economic growth and...
Car consumption is becoming a new hot consumption, and automotive industry is positioned as the a pillar industry, therefore it will become a new driving force to boost economic with the health and stable development of China's national economy. This paper analyzes the stimulating effect on the civilian car consumption to economic development based on the VAR model using temporal series of Sichuan...
The efficiency of the economics has been the core part of the economics performance and it has achieved the great attention by all the economists ever since 1960s. There is no doubt that the technology has played an important role in the process of the economic operation. Taking the Solow residual value into the analysis of the technological advancement for economic growth, this paper brings forward...
The total factor productivity is one of the important indexes to measure sustainable economic growth. According to the 1990–2008 Gansu services data, this paper empirically analyses the service industry total factor productivity growth in Gansu province by nonparametric Malmquist index method. It is concluded that there exist certain differences between technical efficiency and technical progress...
According to the air transportation and economic development theories, based on the data of Chinese air transport industry and economic development during 1978–2009, this paper analyzes the relationships between the development of air transport and economic growth, and the contribution to economic growth in China. Empirical analysis shows that: there exists strong correlation between air transport...
Based on the theoretical principles of Kuznets hypothesis, this paper firstly proposes the Kuznets hypothesis of energy consumption. Empirical analysis in China's 29 provincial regions shows that: The current situations of China's provincial regions have not met the inverted U-shaped curve's inflection of the energy Kuznets hypothesis yet. According to the relationship between Energy consumption and...
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