AN EMPIRICAL ANALYSIS OF THE CONSTRUCTION OF LIAONING PROVINCE AND ECONOMIC GROWTH
Guan Wei
Abstract
Guan Wei
Abstract
The building industry is the basis industry of the national economic and social development,to measure one of the important indicator of the level of industrialization of a country and the region,In recent years,China's construction industry share of GDP has remained at around 6%,and there is an upward trend year after year.on the basis of the macro analysis of the national construction industry' current development,focused on analysis the construction industry development status of Liaoning Province,then used stepwise regression analysis and regression models to empirical study,It is for the relationship between construction and economic growth of Liaoning Province from 2001 to 2009.Come to conclusion,the relationship of the construction industry of Liaoning Province and economic growth is significant,that is to say,the construction industry each increase of 1yuan can drive the growth of GDP 5.809 yuan.,then from several aspects such as the revitalization of the old industrial base of Liaoning,the Twelfth Five-Year development planning,the pillar industry position of construction industry,improving the operation of the market system and widening construction industry development space,put forward the policy recommendations of sustainable development for the construction industry of Liaoning Province.
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The building industry is the basis industry of the national economic and social development,to measure one of the important indicator of the level of industrialization of a country and the region,In recent years,China's construction industry share of GDP has remained at around 6%,and there is an upward trend year after year.on the basis of the macro analysis of the national construction industry' current development,focused on analysis the construction industry development status of Liaoning Province,then used stepwise regression analysis and regression models to empirical study,It is for the relationship between construction and economic growth of Liaoning Province from 2001 to 2009.Come to conclusion,the relationship of the construction industry of Liaoning Province and economic growth is significant,that is to say,the construction industry each increase of 1yuan can drive the growth of GDP 5.809 yuan.,then from several aspects such as the revitalization of the old industrial base of Liaoning,the Twelfth Five-Year development planning,the pillar industry position of construction industry,improving the operation of the market system and widening construction industry development space,put forward the policy recommendations of sustainable development for the construction industry of Liaoning Province.
Key concepts: Industrialisation, Construction industry, Pillar, China, Economic base analysis, Position (finance), Sustainable development, Business