Relationship between the industrial structure and economic growth of Guangdong Province

We quantitatively analyze the relationship between the industrial structure and economic growth in Guangdong Province of China from 1980 to 2006 by impulse response function and variance decomposition on the basis of the establishment of VAR model. Result shows that there is a long-term, stable and balanced relationship between the industrial structure and the actual economic growth in Guangdong Province with a reverse amendment mechanism. The industrial structure has a significant influence on the economic growth of Guangdong Province, but there is a certain lag phase of this influence. Economic growth has dependence on the industrial structure, which is showed by the structure of production value.


Issue Date:
Feb 20 2009
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/53484
Published in:
Asian Agricultural Research, Volume 01, Issue 02
Page range:
29-33
Total Pages:
5




 Record created 2017-04-01, last modified 2017-08-25

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