The Related Research of Transportation and Economic Development in China

2011 ◽  
Vol 403-408 ◽  
pp. 1560-1563
Author(s):  
Bang Quan Yan ◽  
Jian Sheng Zhang
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Empirical Analysis ◽  
Var Model ◽  
Related Research ◽  
Model Research ◽  
Development State ◽  
Reform And Opening Up ◽  
Opening Up

With the data from 1980 to 2009, this paper gave an empirical analysis on the relation of transport development and economic growth by VAR model. Research shows that since the 30 years’ reform and opening up policy of China, the transportation and economic development have got a long-term positive mutually relationship, and make a positive interactive development state.

scholarly journals Analysis on Periodic Fluctuation of Economy at County Level

2021 ◽  
Vol 2 (6) ◽  
Author(s):  
Bing Zhang
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Local Economic Development ◽  
Comprehensive Understanding ◽  
Economic Cycle ◽  
High Quality ◽  
Periodic Fluctuation ◽  
Depth Analysis ◽  
Reform And Opening Up ◽  
Opening Up

On most occasions, economic development is embodied with periodic characteristics. Comprehensive understanding of the economic cycle is of great significance to guiding the formulation of macroeconomic policies and maintaining stable economic growth. Since the reform and opening up, Tengzhou's economy has maintained a momentum of rapid growth, which, however, is characterized by obvious periodic fluctuations. This paper makes an in-depth analysis of the characteristics and causes of economic periodic fluctuation in Tengzhou, in order to have a comprehensive understanding of the economic cycle, and the economic law is adopted to take corresponding economic growth measures in different periods of economic development, thus achieving high-quality economic development. In this paper, the study of county economic cycle is not subject to economic theory, rather the study is conducted with a large number of historical background and local economic development characteristics. The economy of Tengzhou City, since the reform and opening up, is divided into five cycles. The conclusion is drawn that the county economic cycle is affected by macroeconomic fluctuations, industrial structure adjustment, investment and consumption fluctuations and other factors. We put forward targeted suggestions on using the economic cycle to promote high-quality economic development.

scholarly journals The Impact of FDI on the Economic Growth of the Yangtze River Economic Belt: An Empirical Study Based on VAR Model

2021 ◽  
Vol 251 ◽  
pp. 01076
Author(s):  
Zhuhui Wu
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Yangtze River ◽  
Positive Impact ◽  
Var Model ◽  
The Yangtze River ◽  
Short Term ◽  
Dynamic Relationship ◽  
The Impact

FDI is very important to the economic development of a region. The Yangtze River economic belt is one of the important economic core regions in China. In order to study the impact of global foreign direct investment on the economic growth of the Yangtze River economic belt, this paper uses VAR model to analyze the dynamic relationship between FDI and GDP in the Yangtze River economic belt. The results show that FDI has a positive impact on the growth of the Yangtze River Economic Belt in the short term, but not in the long term. At the same time, the economic development of the Yangtze River economic belt has a positive impact on FDI.

scholarly journals Scientific understanding of the fundamentals of China's economic development

2020 ◽  
Vol 3 (2) ◽  
pp. 285-293
Author(s):  
Taiyan Huang
Keyword(s):  
Growth Rate ◽  
Economic Development ◽  
Chinese Economy ◽  
Content Type ◽  
Economic Operation ◽  
Reform And Opening Up ◽  
The Impact ◽  
Opening Up

PurposeThe purpose of this paper is based on China’s economic fundamentals. Factor input, structural optimization and institutional reform, which determine the fundamentals of China's economic development, will actively prop up long-term, sustained and stable growth of the Chinese economy and keep China's potential economic growth rate stabilized within a reasonable growth range in the long term.Design/methodology/approachThe fundamentals of economic development of a country are the basic situation of economic operation determined by the country's main factors and the long-term trend thereof, and they have such characteristics as stability, internality and persistence.FindingsStability refers to economic operation that remains relatively stable within a reasonable growth range at a certain stage of development, and this does not rule out exceptional economic fluctuations in certain years due to the impact of unexpected short-term factors. For instance, the fundamentals of the Chinese economy during the period after the reform and opening-up are characterized by a sustained high growth rate.Originality/valueInternality refers to the intrinsic quantity and quality of all factors supporting the economic development of a country, especially the quantity and quality of the factors that play a decisive role in the economic development of a country at a specific stage. For instance, demographic dividend and capital formation have bolstered the high-speed growth of the Chinese economy since the reform and opening-up.

Growth and Social Capital: Empirical Analysis of the Relationship

2019 ◽  
pp. 128-134
Author(s):  
Ksenia V. Bagmet
Keyword(s):  
Economic Growth ◽  
Social Capital ◽  
Economic Development ◽  
Social Development ◽  
Empirical Analysis ◽  
Panel Data Analysis ◽  
Well Being ◽  
Developed Countries ◽  
International Institute ◽  
Level Of Economic Development

The article provides an empirical test of the hypothesis of the influence of the level of economic development of the country on the level of development of its social capital based on panel data analysis. In this study, the Indices of Social Development elaborated by the International Institute of Social Studies under World Bank support are used as an indicators of social capital development as they best meet the requirements for complexity (include six integrated indicators of Civic Activism, Clubs and Associations, Intergroup Cohesion, Interpersonal Safety and Trust, Gender Equality, Inclusion of Minorities), comprehensiveness of measurement, sustainability. In order to provide an empirical analysis, we built a panel that includes data for 20 countries divided into four groups according to the level of economic development. The first G7 countries (France, Germany, Italy, United Kingdom); the second group is the economically developed countries, EU members and Turkey, the third group is the new EU member states (Estonia, Latvia, Lithuania, Romania); to the fourth group – post-Soviet republics (Armenia, Georgia, Russian Federation, Ukraine). The analysis shows that the parameters of economic development of countries cannot be completely excluded from the determinants of social capital. Indicators show that the slowdown in economic growth leads to greater cohesion among people in communities, social control over the efficiency of distribution and use of funds, and enforcement of property rights. The level of tolerance to racial diversity and the likelihood of negative externalities will depend on the change in the rate of economic growth. Also, increasing the well-being of people will have a positive impact on the level of citizens’ personal safety, reducing the level of crime, increasing trust. Key words: social capital, economic growth, determinant, indice of social development.

scholarly journals Tourism Industry and Economic Growth Nexus in Beijing, China

Economies ◽  
2019 ◽  
Vol 7 (1) ◽  
pp. 25 ◽  
Author(s):  
Yang Songling ◽  
Muhammad Ishtiaq ◽  
Bui Thi Thanh
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Strong Support ◽  
Growth Index ◽  
Strong Relationship ◽  
Tourism Industry ◽  
Var Model ◽  
Long Run ◽  
The Relationship ◽  
Beijing China

In the developing economy, tourism is the most visible and steadiest growing facade. Tourism is considered one of the rapidly increasing elements for economic development from the last two decades. Therefore, the proposed study used vector autoregression (VAR) model, error correction model (ECM), and the Granger causality to check the relationship between the tourism industry and economic growth based on the data of the Beijing municipal bureau of statistics from 1994 to 2015. Gross domestic product (GDP) is used as a replacement variable for the economic growth index, while internal tourism revenue is used as a tourism industry indicator. The study supports the tourism-led growth hypothesis proposed in the existing literature in a different survey of tourism and economic development. The results show that there is a strong relationship in the tourism industry and economic growth in the context of Beijing, and at the same time, tourism creates a more significant increase in long run local real economic accomplishments. The results of the VAR model confirm that in the long run, Beijing’s economic growth is affected by domestic tourism, while the ECM model shows unidirectional results in the short term. Similarly, there is a one-way causal relationship between the tourism industry and economic growth in Beijing, China. The empirical results are in strong support of the concept that tourism causes growth.

An Empirical Analysis of the Relationship between Economic Growth and Energy Utilization in China

2013 ◽  
Vol 734-737 ◽  
pp. 1666-1670
Author(s):  
Fei Hu Yang ◽  
Peng Zhang ◽  
Xiao Wei Wang
Keyword(s):  
Economic Growth ◽  
Empirical Analysis ◽  
Energy Utilization ◽  
Correction Model ◽  
Vector Autoregressive ◽  
Integration Test ◽  
Recycling Economy ◽  
The Relationship ◽  
The Empirical Analysis

Based on the co-integration test, error correction model and vector autoregressive model, the empirical analysis results show a long-term co-integration relationship between economic growth and energy utilization in China, energy consumption increased by 1%, GDP will increase by 1.342%. In order to raise the efficiency of energy utilization during China's economic development, suggestions like saving energy conservation, reducing emission and recycling economy have been proposed.

Study on Dynamic Relationship between Economic Growth and Energy Consumption in Chongqing - Based on 1980-2011 Data

2013 ◽  
Vol 448-453 ◽  
pp. 4319-4324
Author(s):  
Sheng Wang ◽  
Chun Yan Dai ◽  
En Chuang Wang ◽  
Chun Yan Li
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Energy Consumption ◽  
Energy Demand ◽  
Industrial Structure ◽  
Impulse Response Function ◽  
Improve Energy Efficiency ◽  
Dynamic Relationship ◽  
Equilibrium Relationship

Analyzed the dynamic interaction characteristics of Chongqing Economic growth and energy consumption between 1980-2011 based on vector auto regression model, impulse response function. The results showed that: 1 Between the Chongqing's economic growth and energy consumption exist the positive long-term stable equilibrium relationship, Chongqing's economic development depending on energy consumption is too high, to keep the economy in Chongqing's rapid economic development, energy relatively insufficient supply sustainable development must rely on the energy market, which will restrict the development of Chongqing's economy. 2At this stage, Chongqing continuing emphasis on optimizing the industrial structure to improve energy efficiency at the same time, the key is to establish and improve the energy consumption intensity and total energy demand "dual control" under the security system, weakening the energy bottleneck effect on economic growth.

DEMOCRACY, ECONOMIC COMPLEXITY AND SOCIO-ECONOMIC DEVELOPMENT: PROBLEMS OF INTERCONNECTION AND WAYS OF THEIR INCREASE IN UKRAINE

2018 ◽  
Author(s):  
Anna Smahliuk ◽  
◽  
Tetiana Pokotylo ◽  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Democratic Institutions ◽  
Economic Complexity ◽  
Multiplier Effect ◽  
Socio Economic Development ◽  
National Production ◽  
Level Of Knowledge ◽  
Sustainable Economic Growth

The article explores the factors that allow the economies of the countries of the world to achieve sustainable economic growth at different stages of the country's economic development, depending on the level of GDP per capita. Among which are highlighted: basic factors, efficiency factors and innovative factors. For the Ukrainian economy, which is at the stage of focusing on efficiency, the issues of the place, significance and level of economic complexity of the Ukrainian economy and ensuring sustainable economic growth on this basis are considered. Economic diversification and complexity are defined as key drivers of long-term growth. The dynamics of the index of economic complexity in Ukraine is analyzed, modern trends are revealed. Directions and strategic approaches to the diversification of national production are proposed, which could have a significant multiplier effect, increase the complexity and level of knowledge in the economy. It also provides evidence on the relationship between socio-economic development, values of self-expression and democratic institutions. The conclusion is formulated: socio- economic development leads to the spread of the values of self-expression, and they, in turn, to the establishment and strengthening of democratic institutions.

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