Positive Analysis on Relationship Between Industrial Structure Perfection and Economic Growth in Zhejiang Province
Tianyuan Luo
Abstract
Tianyuan Luo
Abstract
For more than 30 years,the economy in Zhejiang Province has grown rapidly and the industrial structure has improved.However,the relationship between the industrial structure and the economic development is not clear.In this paper,three industries total output values of Zhejiang Province from 1978 to 2009 are selected to calculate the K value of industrial structure and the Moore value,to analyze the speed of the industrial structure change,which will be beneficial for reviewing the progress of industrial structure change of Zhejiang Province.Establishing the relationship between the three industries and the economic growth by applying the econometric analysis method shows that the third industry has made less contribution to the economic growth.Thus,the promotion of working efficiency of the third industry deserves further attention.
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For more than 30 years,the economy in Zhejiang Province has grown rapidly and the industrial structure has improved.However,the relationship between the industrial structure and the economic development is not clear.In this paper,three industries total output values of Zhejiang Province from 1978 to 2009 are selected to calculate the K value of industrial structure and the Moore value,to analyze the speed of the industrial structure change,which will be beneficial for reviewing the progress of industrial structure change of Zhejiang Province.Establishing the relationship between the three industries and the economic growth by applying the econometric analysis method shows that the third industry has made less contribution to the economic growth.Thus,the promotion of working efficiency of the third industry deserves further attention.
Key concepts: Promotion (chess), Value (mathematics), Perfection, Econometric analysis, Economics, Secondary sector of the economy, Econometric model, Economic geography