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Cointegration Test for Logistics and Economic Growth in Regions with Different Economic Development Level

Yang Zhi-liang

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Abstract

According to the annual data of provincial logistics development and provincial GDP from 1991 to 2007,the paper ana- lyzes their relationship with cointegration test and Granger-causality test on three types of areas of China divided by their economic denseness at provincial level.The result shows that there are cointegratian relationship between regional logistics development and eco- nomic growth in three regions,there is two-way Granger causal relationship between them in first region and there is one-way Granger reason between them in other two regions.

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What this paper is about

According to the annual data of provincial logistics development and provincial GDP from 1991 to 2007,the paper ana- lyzes their relationship with cointegration test and Granger-causality test on three types of areas of China divided by their economic denseness at provincial level.The result shows that there are cointegratian relationship between regional logistics development and eco- nomic growth in three regions,there is two-way Granger causal relationship between them in first region and there is one-way Granger reason between them in other two regions.

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Available abstract

According to the annual data of provincial logistics development and provincial GDP from 1991 to 2007,the paper ana- lyzes their relationship with cointegration test and Granger-causality test on three types of areas of China divided by their economic denseness at provincial level.The result shows that there are cointegratian relationship between regional logistics development and eco- nomic growth in three regions,there is two-way Granger causal relationship between them in first region and there is one-way Granger reason between them in other two regions.

Key concepts: Cointegration, Granger causality, Economics, China, Test (biology), Econometrics, Economic geography, Geography

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