Cointegration Analysis of Government R&D Investment and Economic Growth in China

被引：0

作者：

Miao Hui ^{[1
]}

Liu Fengchao ^{[1
]}

机构：

[1] Dalian Univ Technol, Dalian 116023, Peoples R China

来源：

PROCEEDINGS OF THE 7TH INTERNATIONAL CONFERENCE ON INNOVATION AND MANAGEMENT, VOLS I AND II | 2010年

关键词：

Economic growth; Government R&D investment; Granger causality; Error correction model;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Government R&D investment has been playing a very important role in the economic development. Based on the data from 1978 to 2008 issued by China Statistical Bureau, this paper analyzes the dynamic equilibrium relationship between government R&D investment and economic growth by using cointegration analysis in econometrics. The results show that there is stable long-term balancing relationship between the government R&D investment and economic growth in China, and government R&D investment is main causation which brings about economic growth.

引用

页码：1349 / 1353

页数：5