Empirical Study on High-tech Industries Development and Economic Growth in Jilin Province

High-tech industry development is an indicator to measure a regional scientific and technological progress,and an important basis for evaluating the changes in regional economic growth and economic competitiveness.Along with the economic competition intensifying,the role of high-tech industry is more and more important in the Chinese economy,as a result,it is becoming the pillar industries among socio-economic development.After development and accumulation in many years,Jilin Province's high-tech industry has grown into a competitive industry with a comparatively perfect system,obvious comparative advantage and strong leading role.It has become the important power to promote economic development of Jilin Province.The basic principles of cointegration theory were introduced.Then,based on the data of high-tech industrial output value and GDP of Jilin Province from 1995 to 2008,using Engle-Granger two-step principle,cointegration relationship between the two groups of data is tested.The conclusion is drawn that high-tech industrial output value and GDP of Jilin Province have a long-term stable equilibrium relationship.And the suggestions are proposed: 1) strengthening the capability of independent innovation;2) actively enhancing core competitiveness of high-tech industry,and creating positive external environment of high-tech industry development;and 3) attracting and training high-tech personnel and taking other high-tech measures to promote the development of high-tech industries in nurturing the development process.