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Positive study on the influence of information industry on economic growth

Zhang An

Open publisher page 1 citations

Abstract

With the rapid progress of social information,the information industry(IT) has become the pillar industry of a country.IT's rise and fall decide the change of the whole economy.Being a part of economy,IT has important influence on the growth of economy.This paper analyzes the function of our country's information industry in real economic growth from 1991 to 2003,using time sequence economic measuring method and it improves that information industry has Granger influence on GDP growth.

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What this paper is about

With the rapid progress of social information,the information industry(IT) has become the pillar industry of a country.IT's rise and fall decide the change of the whole economy.Being a part of economy,IT has important influence on the growth of economy.This paper analyzes the function of our country's information industry in real economic growth from 1991 to 2003,using time sequence economic measuring method and it improves that information industry has Granger influence on GDP growth.

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Available abstract

With the rapid progress of social information,the information industry(IT) has become the pillar industry of a country.IT's rise and fall decide the change of the whole economy.Being a part of economy,IT has important influence on the growth of economy.This paper analyzes the function of our country's information industry in real economic growth from 1991 to 2003,using time sequence economic measuring method and it improves that information industry has Granger influence on GDP growth.

Key concepts: Pillar, Information industry, Function (biology), Structural change, Social economy, Economics, Economy, Business

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