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Analysis About Relationship Between Infrastructures Invests in Three Industry Departments and Economic Growth in Hubei Province

In: The 19th International Conference on Industrial Engineering and Engineering Management

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  • Wen-jun Fu

    (Wuhan University of Technology)

Abstract

There are internal links between infrastructure and economic growth. This paper has built the infrastructure invest and economic growth Granger causality model and the contribution of infrastructure invest on economic growth model by using econometric methods, getting the interaction between the infrastructure invest and economic growth in Hubei province, which shows the infrastructure is the cause of economic growth, on the contrary, it is not. The unit output of the primary infrastructure invest and secondary infrastructure invest contributes largely to economic growth; therefore, to expand the proportion of gross production of the first and secondary infrastructure invest in areas helps to guide the economy of Hubei province to a healthy development. And on this basis, the paper raises appropriate policy recommendations.

Suggested Citation

  • Wen-jun Fu, 2013. "Analysis About Relationship Between Infrastructures Invests in Three Industry Departments and Economic Growth in Hubei Province," Springer Books, in: Ershi Qi & Jiang Shen & Runliang Dou (ed.), The 19th International Conference on Industrial Engineering and Engineering Management, edition 127, chapter 0, pages 29-39, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-38433-2_4
    DOI: 10.1007/978-3-642-38433-2_4
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