Cointegration and Granger Analysis of the Relationship between Logistics and GDP Growth in the Area of Henan Province
Wei Liu
Abstract
Wei Liu
Abstract
Based on the database from 1978 to 2006 between regional logistics and GDP growth in the area of Henan province,proceeding cointegration analysis and granger causality.The results show that there exists a long and stable relationship,revealing GDP growth is the granger reason of logistics development,and the long-pull effect is more significant.
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Based on the database from 1978 to 2006 between regional logistics and GDP growth in the area of Henan province,proceeding cointegration analysis and granger causality.The results show that there exists a long and stable relationship,revealing GDP growth is the granger reason of logistics development,and the long-pull effect is more significant.
Key concepts: Cointegration, Granger causality, Economics, Econometrics