Wang Ping-pin
Abstract
Based on the theoretical analysis,this paper uses Granger Causality Test,VAR model and Impulse Response Function to analyze the relationship of government consumption expenditure and economic growth.It concludes with some suggestions on the reform of public consumption expenditure in China.
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Based on the theoretical analysis,this paper uses Granger Causality Test,VAR model and Impulse Response Function to analyze the relationship of government consumption expenditure and economic growth.It concludes with some suggestions on the reform of public consumption expenditure in China.
Key concepts: Granger causality, Economics, Consumption (sociology), Government expenditure, Impulse response, Vector autoregression, Public expenditure, Government (linguistics)