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2003•Unpublished venueRequires access

An Empirical Analysis of the Relationship between the Industrial Structure and Economic Growth

Hui Zhu

Open publisher page 3 citations

Abstract

Using the Granger test of causality and linear economic models, the authors in this paper develop the relationship between the Chinese industrial structure and economic growth in the past 23 years. This study shows that there really exists oneorientated causality between the industrial structure and economic growth,i.e. the former can promote the latter, but the latter can't change the former. The study also shows that increasing the third industrial ratio in the GDP can lead China's economy to grow well.

About this research paper

What this paper is about

Using the Granger test of causality and linear economic models, the authors in this paper develop the relationship between the Chinese industrial structure and economic growth in the past 23 years. This study shows that there really exists oneorientated causality between the industrial structure and economic growth,i.e. the former can promote the latter, but the latter can't change the former. The study also shows that increasing the third industrial ratio in the GDP can lead China's economy to grow well.

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OpenAlex reports 3 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

Using the Granger test of causality and linear economic models, the authors in this paper develop the relationship between the Chinese industrial structure and economic growth in the past 23 years. This study shows that there really exists oneorientated causality between the industrial structure and economic growth,i.e. the former can promote the latter, but the latter can't change the former. The study also shows that increasing the third industrial ratio in the GDP can lead China's economy to grow well.

Key concepts: Granger causality, Causality (physics), Economics, China, Linear relationship, Empirical research, Classical economics, Econometrics

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