An Empirical Research on Agricultural Economic Growth Factors:Based on Anhui Province
Xuemei Zhao
Abstract
Xuemei Zhao
Abstract
This paper,taking Anhui Province as an example and by using co-integration test and the error correction model,has studied the 33-year data(from 1978 to 2010).The study shows that there exist the long-term stability relations between the agricultural material expense investment,the labor force investment,the land investment and the total agricultural output value.Their long-term stability relations cause non-equilibrium state of short-term total agricultural output gradually to approach the long-term equilibrium state.Through the Grainger causal relation examination,the study obtains that the short-term agriculture material investment and the labor force investment does not grow the promoter action to Anhui agricultural economy,but the cultivated area of crops has obvious promoter action to Anhui agricultural economy growth.Then the author puts forward the corresponding proposals on how to enhance Anhui agricultural economy development based on this study.
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This paper,taking Anhui Province as an example and by using co-integration test and the error correction model,has studied the 33-year data(from 1978 to 2010).The study shows that there exist the long-term stability relations between the agricultural material expense investment,the labor force investment,the land investment and the total agricultural output value.Their long-term stability relations cause non-equilibrium state of short-term total agricultural output gradually to approach the long-term equilibrium state.Through the Grainger causal relation examination,the study obtains that the short-term agriculture material investment and the labor force investment does not grow the promoter action to Anhui agricultural economy,but the cultivated area of crops has obvious promoter action to Anhui agricultural economy growth.Then the author puts forward the corresponding proposals on how to enhance Anhui agricultural economy development based on this study.
Key concepts: Investment (military), Agriculture, Error correction model, Agricultural economy, Term (time), Economics, Empirical research, Agricultural economics