Shandong Information Industry and Economic Growth: An Empirical Analysis Based on Co-integration Theory
Based on the co-integration theory, the paper makes an empirical analysis on the short-term and long-term relationship between the information industry and economic growth in Shandong province, by using data from 1995 to 2009. The main steps are: the unit root test, description co-integration theory, error correction modeling, Granger causality tests and the analysis of generalized impulse response function. The results suggest: there is a co-integration between the information industry and economic growth in Shandong province; information industry has significant influence on economic growth; information industry has individual Granger causality relation to economic growth; impulse response analysis shows that there is a positive response to the interaction in a long run.
Information industry Economic growth Co-integration analysis Granger causality test Impulse response function
CAI Yanbing LIU Xueni
School of Economics, Shandong Institute of Business and Technology, China, 264005 College of Population, Resources and Environment, Shandong Normal University, China, 250014
国际会议
烟台
英文
84-90
2011-10-15（万方平台首次上网日期，不代表论文的发表时间）