scholarly journals THE EXPORTS OF MARINE RESOURCES AND ITS IMPACT ON ECONOMIC DEVELOPMENT IN PAKISTAN: AN ECONOMETRIC ANALYSIS USING VECTOR ERROR CORRECTION MODEL (VECM)

2021 ◽  
Vol 32 (3) ◽  
Keyword(s):  
Economic Development ◽  
Error Correction ◽  
Error Correction Model ◽  
Econometric Analysis ◽  
Marine Resources ◽  
Vector Error Correction Model ◽  
Correction Model ◽  
Vector Error Correction ◽  
Vector Error

scholarly journals The Influence of Administrative Monopoly on Economic Development——An Empirical Study Based on Vector Error Correction Model

2017 ◽  
Vol 12 (6) ◽  
pp. 182
Author(s):  
Zhao Xiaoge ◽  
Zhong Shihu
Keyword(s):  
Economic Development ◽  
Error Correction ◽  
Transition Economy ◽  
Error Correction Model ◽  
Vector Error Correction Model ◽  
Administrative Monopoly ◽  
Correction Model ◽  
Vector Error Correction ◽  
Vector Error ◽  
The Impact

As a unique form of China's transition economy, the impact of administrative monopoly on economic development can not be ignored. Analyzing the data from 1990 to 2015, this paper investigates the relationship between administrative monopoly and economic development based on Vector Error Correction Model (VEC)model. The results show that there is a long - term equilibrium relationship between administrative monopoly and economic development. In the long run, the administrative monopoly has obvious obstructive effect on economic development. The hardest part, as well as the emphasis in China's economic reform will be how to separate the government from state-owned enterprises and eliminate administrative monopoly.

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