Anhui Province Empirical Analysis of the Tmpact of Economic Growth of Investment in Fixed Assets
WU Youqun
WANG Yubing
LIAO Xinlin
Abstract:Based on time series data of 1990-2013, using cointegration test, granger causality test, vector autore?gressive model, impulse response and variance decomposition methods, such as on the relationship between the fixed assets investment and economic growth in anhui province for dynamic econometric analysis. The results show that the fixed assets and economic growth in Anhui province, there exists a long-term equilibrium relation?ship between fixed assets investment is the granger cause of economic growth, investment in fixed assets have big?ger positive impact effect on economic growth in Anhui province, and the intensity of the role of economic growth in fixed asset investment is not big;Economic growth under the influence of fixed asset investment effect gradual?ly strengthen, affected by its own effect weakening, and investment in fixed assets while affected by their own weak, but still remain at a high level, affected by the economic growth while increasing intensity, but is still in a low level. In order to promote economic growth in Anhui province, combined with the results of the analysis, from increased investment scale, expand sources of investment, adjust the investment structure, enhance the invest?ment efficiency of four aspects to give the corresponding countermeasures and Suggestions.
Keywords:fixed asset investmentEconomic growthVector autoregressive modelImpulse responseVariance decomposition
Publication Date:2016-01-01
Online Publishing Date:2025-08-15(First online date of this platform, not the publication date of the document)
Pages:6( 63-68 )

ISSN:1673-2928
Year, Vol.(Issue):2016,15(2)