The Dynamic Economic Impact of Construction Industry Output in China

摘要：

This paper investigates the dynamic relationship between the development of construction industry and economy growth in China using time series from 1984 to 2009. Both two series are non-stationary, meaning there are unit root in both series and their 1st difference series are stationary. There is cointegration relationship between two series and the construction industry output is the granger reason of the GDP, the GDP is the granger reason of the construction industry output. So we can include that construction industry is an important basic sector for national economy.

关键词： construction industry development co-integration dynamic impact impulse response

作者: Li Chang-hong

作者单位: Department of Urban Planning and Architecture, Tianjin Institute of Urban Construction Tianjin 300384, China Institute of Architecture, Tianjin University Tianjin 300072, China

会议类型: 国际会议

会议名称: 2011 3rd International Conference on Computer and Network Technology(ICCNT 2011)(2011第三届IEEE计算机与网络技术国际会议)

会议地点: 太原

会议语种:英文

页码: 525-527

在线出版日期: 2011-02-26（万方平台首次上网日期，不代表论文的发表时间）