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Relationship between the industrial structure and economic growth of Guangdong Province

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  • Li, Qian
  • Li, Hong-yun
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    Abstract

    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.

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    File URL: http://purl.umn.edu/53484
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    Bibliographic Info

    Article provided by USA-China Science and Culture Media Corporation in its journal Asian Agricultural Research.

    Volume (Year): 1 (2009)
    Issue (Month): 02 (February)
    Pages:

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    Handle: RePEc:ags:asagre:53484

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    Related research

    Keywords: Industrial structure; VAR model; Impulse response function; China; Community/Rural/Urban Development; Financial Economics; Industrial Organization; Production Economics; Research Methods/ Statistical Methods;

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