An Empirical Research on the Relationship between the Income of Chinas Monopoly Sectors and Economic Growth
Based on the panel data from 1990 to 2008, this paper explores the long relationship between the income of Chinas monopoly sectors and economic growth through the methods of panel co-integration, Engle-Granger test and error correction model. From the empirical research we can obtain the results in the following: there is a long and stable panel co-integration relationship between Chinas economic growth and the income of Chinas monopoly sectors such as the energy sector and the transportation sector; the income of energy monopoly sectors has positive impact on Chinas economic growth while the income of transportation monopoly sectors has little impact on Chinas economic growth; the results also show that there is no long-term stable panel co-integration relationship between the income of Chinas monopoly sectors and Chinas economic growth.
the income of monopoly sectors economic growth unit root test co-integration test error correction model
Ma Qiang Sun Jian-ping
School of Economics and Management, Nanjing University of Science and technology, Nanjing school of School of Economics and Management,Nanjing University of Science and technology Nanjing, China
国际会议
上海
英文
443-446
2011-03-11（万方平台首次上网日期，不代表论文的发表时间）