The Econometric Analysis of the Relationship between Chinese E-commerce Transactions and GDP
This paper analyzes the impact of the development of e-commerce on Chinas economic growth from an empirical perspective. By using cointegration, error correction model and Granger causality test on the two time-series in econometric way with the e-commerce transactions and GDP data from 1998 to 2005, it shows the amount of e-commerce transactions promotes economic development and there are long-term equilibrium and short-term dynamic relationship between them as a conclusion. The paper gives a basis for understanding the extent of e-commerce development, analyzing the problems in the process of development, formulating appropriate e-commerce development strategy and gives some suggestions.
e-commerce national economy cointegration theory error correction model granger causality test
Yueqian Rao Kai Zhang Lin Li
School of Economics and Management, Beijing University of Posts and Telecommunications, Beijing, 100876, China
国际会议
成都
英文
248-251
2010-10-23(万方平台首次上网日期,不代表论文的发表时间)