Empirical Research on the Effects of Logistics Industry on Economic Growth in Shandong Province
Zhu Wei
Abstract
Zhu Wei
Abstract
By dint of econometrics and taking the logistics industry flux as the explaining variable to represent the developing level of the Shandong province logistics industry,and taking the gross domestic product(GDP) as the explained variable to represent the developing level of the Shandong province economy,the econometrical model of the logistics industry and the economic growth of Shandong Province was established.At the same time using Eviews5.0 econometric analysis software,the interdependence between the logistics industry and the economic growth of Shandong Province was revealed,and corresponding suggestions for the future developments of Shandong Provin.
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By dint of econometrics and taking the logistics industry flux as the explaining variable to represent the developing level of the Shandong province logistics industry,and taking the gross domestic product(GDP) as the explained variable to represent the developing level of the Shandong province economy,the econometrical model of the logistics industry and the economic growth of Shandong Province was established.At the same time using Eviews5.0 econometric analysis software,the interdependence between the logistics industry and the economic growth of Shandong Province was revealed,and corresponding suggestions for the future developments of Shandong Provin.
Key concepts: Variable (mathematics), Gross domestic product, Econometric model, Econometric analysis, Product (mathematics), Business, Economic geography, Economics