Relationships between Engineering Construction Standards and Economic Growth in the Construction Industry: The Case of China’s Construction Industry

被引：0
作者：
Hong Xue
Shou Jian Zhang
机构：
[1] Harbin Institute of Technology,School of Management
[2] Harbin Institute of Technology,School of Civil Engineering
来源：
KSCE Journal of Civil Engineering | 2018年 / 22卷
关键词：
Engineering Construction Standards; Economic growth in the construction industry; Cobb-Douglas Production Function; VAR model;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
Although standards have a significant effect on economic growth in the construction industry, the effect of engineering construction standards on construction industry economics remains a relatively unexplored subject. In theory, standards as a technology indicator have an impact on economic growth. Therefore, we investigate the relationships between engineering construction standards and economic growth in the construction industry. A Cobb-Douglas production function and a VAR model are established to explore relationships between engineering construction standards and economic growth in the construction industry. Our results suggest that co-integration relationships are evidenced between engineering construction standards and economic growth in the construction industry, and engineering construction standards have a positive effect on economic growth in the construction industry.
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页码：1606 / 1613
页数：7
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