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Study on Relationship between Science & Technology Input and Agricultural Economic Growth of Hebei Province

Shang Yan, T Information

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Abstract

Based on cointegration theory,the relationship between science technology input and agricultural economic growth of Hebei was empirically analyzed,as indicated by the results,they kept a long-term stable relationship,every 1% increase of the science and technology input would bring about 0.45% growth of the agricultural economy in average,therefore,under current conditions,it was an important way to promote the agricultural economic growth of Hebei Province through increasing the science and technology input.

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What this paper is about

Based on cointegration theory,the relationship between science technology input and agricultural economic growth of Hebei was empirically analyzed,as indicated by the results,they kept a long-term stable relationship,every 1% increase of the science and technology input would bring about 0.45% growth of the agricultural economy in average,therefore,under current conditions,it was an important way to promote the agricultural economic growth of Hebei Province through increasing the science and technology input.

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Available abstract

Based on cointegration theory,the relationship between science technology input and agricultural economic growth of Hebei was empirically analyzed,as indicated by the results,they kept a long-term stable relationship,every 1% increase of the science and technology input would bring about 0.45% growth of the agricultural economy in average,therefore,under current conditions,it was an important way to promote the agricultural economic growth of Hebei Province through increasing the science and technology input.

Key concepts: Agriculture, Cointegration, Economics, Science, technology and society, Agricultural economics, Econometrics, Geography, Social science

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