Empirical Study on the Relationship Between Industrial Structure and Economic Growth
Available Online September 2019.
- https://doi.org/10.2991/jahp-19.2019.170How to use a DOI?
- rationalization of industrial structure; supererogation of industrial structure; economic growth
- Industrial structural changes include two aspects: rationalization and supererogation. In the "new normal" economy, these two aspects are increasingly the focus of government and theoretical circles. In order to research the interrelation among the rationalization, supererogation and economic growth, rationalization and supererogation of industrial should be measured. On the basis of constructing vector auto-regressive model, the mutual influences between these two industrial structure indicators and economic growth are analyzed. The research result shows the effect of rationalization is positive and remarkable, while the effect of supererogation is poor. Therefore, when formulating industrial policies, the government should vigorously promote the rationalization, and pay attention to coupling input and output structure. In addition, the supererogation and the transformation of industry-oriented structure into service-oriented industrial structure should be promoted in a moderate way.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Anlin Li PY - 2019/09 DA - 2019/09 TI - Empirical Study on the Relationship Between Industrial Structure and Economic Growth BT - The 4th International Conference on Economy, Judicature, Administration and Humanitarian Projects (JAHP 2019) PB - Atlantis Press SN - 2352-5428 UR - https://doi.org/10.2991/jahp-19.2019.170 DO - https://doi.org/10.2991/jahp-19.2019.170 ID - Li2019/09 ER -