The Relationship between Cultural Capital and Economic Growth in China An Empirical Research Based on PIM Capital Stock Estimates and Cointegration Analysis

被引：0

作者：

Wang, Yun ^{[1
]}

机构：

[1] S China Univ Technol, Sch Business Adm, Guangzhou, Guangdong, Peoples R China

来源：

2012 WORLD AUTOMATION CONGRESS (WAC) | 2012年

关键词：

Cultural Capital Stock; Economic Growth; Perpetual Inventory Method; Cointegration Analysis; Granger Causality Test;

D O I：

暂无

中图分类号：

TP [自动化技术、计算机技术];

学科分类号：

0812 ;

摘要：

The relationship between cultural investment and economic growth is a hot spot of economic research. This paper applies the Perpetual Inventory Method to estimating the cultural capital stock for the years 1978-2008 in China, and looks into the relationship between cultural capital stock and economic growth with cointegration analysis and Granger causality test methods. The empirical results show that there is a fluctuated relationship between China's cultural capital and economic growth in short term, and an equilibrium relationship in the long run. When the cultural capital stock increases by 1%, GDP will increase 0.71%.

引用

页数：4