Cointegration Test for Regional Logistics and Regional Economic Growth
Cheng Xiao-ling
Abstract
Cheng Xiao-ling
Abstract
According to the annual data of provincial logistics development and provincial GDP from the year 1991 to 2007,this paper analyzed their relationship with cointegration test and Granger-Causality test on eastern,central and western areas of China.The results indicated that there were cointegration relationship between regional logistics development and regional economic growth from three regions,there was two-way Granger causal relationship between them in eastern region and there was one-way Granger reasons from logistics development to economic growth.
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According to the annual data of provincial logistics development and provincial GDP from the year 1991 to 2007,this paper analyzed their relationship with cointegration test and Granger-Causality test on eastern,central and western areas of China.The results indicated that there were cointegration relationship between regional logistics development and regional economic growth from three regions,there was two-way Granger causal relationship between them in eastern region and there was one-way Granger reasons from logistics development to economic growth.
Key concepts: Cointegration, Granger causality, Economics, China, Test (biology), Causality (physics), Economic geography, Econometrics