A Long-term Equilibrium Research On Relationship between Fujian's Logistics And Economies
WU Ji-gui
Abstract
WU Ji-gui
Abstract
Using the data of Fujian's cargo turnover and investment of fixed assets,GDP from 1978 to 2011,the paper analyzes their interaction effect with Cointegration test and Granger-causality test.Result indicates that there exists a long-term equilibrium relationship,besides,Fujian's logistics and investment of fixed assets promote economic growth.
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Using the data of Fujian's cargo turnover and investment of fixed assets,GDP from 1978 to 2011,the paper analyzes their interaction effect with Cointegration test and Granger-causality test.Result indicates that there exists a long-term equilibrium relationship,besides,Fujian's logistics and investment of fixed assets promote economic growth.
Key concepts: Cointegration, Granger causality, Term (time), Fixed asset, Investment (military), Economics, Fixed investment, Monetary economics