Empirical Analysis of the Relationship between the Agricultural Economic Growth and Agricultural Production Factors in Xinjiang
Huang Yan
Abstract
Huang Yan
Abstract
This paper takes the agricultural economic growth as the research object in Xinjiang Province,selecting relevant statistical data from 1980 to 2010,building the econometric models,analyzing the mutual relationship between the agricultural economic growth and agricultural production factors,and made a further analysis by co-integration test to verify the long-term stable equilibrium between them.Research shows that land,labor,fund investment all positively influence agricultural economic growth.Therefore,the study suggests that we should invest more funds in agriculture,develop land resources properly,increase agricultural labor force and spend more money on agricultural scientific research in order to boost agricultural growth in Xinjiang.
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This paper takes the agricultural economic growth as the research object in Xinjiang Province,selecting relevant statistical data from 1980 to 2010,building the econometric models,analyzing the mutual relationship between the agricultural economic growth and agricultural production factors,and made a further analysis by co-integration test to verify the long-term stable equilibrium between them.Research shows that land,labor,fund investment all positively influence agricultural economic growth.Therefore,the study suggests that we should invest more funds in agriculture,develop land resources properly,increase agricultural labor force and spend more money on agricultural scientific research in order to boost agricultural growth in Xinjiang.
Key concepts: Agriculture, Agricultural productivity, Investment (military), Agricultural economics, Research Object, Economics, Agricultural land, Production (economics)