An Empirical Analysis on Relationship between Economic Growth and Employment in He’nan Province
Using the data from 1978 to 2007,this paper conducts an empirical analysis on the relation between the em ployment and economic growth in Henan Province by co integration theory and Granger causality test. It is shown by the results that there are relations of two-way causali ty and long-term stable equilibrium between the two. An error correction model(ECM) is also established on the basis of co-integration analysis to illustrate the adjusting force of the coefficient of error correction upon the trend that deviates from long-term equilibrium.
Co-integration analysis granger causality error correction model
LIU Fang LI Ye GUO Sandang
College of Information and Management Science,Henan Agricultural University,P. R. China
国际会议
Zhengzhou Conference Conference on Management of Technology(2009郑州技术管理研讨会 MOT2009)
郑州
英文
502-504
2009-04-17(万方平台首次上网日期,不代表论文的发表时间)