Urbanization, Evolution of Industrial Structure and Growth of Economic

MENG HU

Abstract


This paper uses cointegration, Granger non-causality test and impulse response function to explore the interaction between urbanization, evolution of industrial structure and growth of economic. Using annual data ranging across 1981 to 2016, we find that the above three variables have long-term cointegration relationship, and short-term and long-run Granger non-causality test showed that: The evolution of industrial structure has shown a negative impact on urbanization in the short and long term. The growth of economic has a positive effect on the evolution of industrial structure in short and long term. Economic growth has no obvious effect on urbanization in short term, but has shown a positive effect in long term.

Keywords


Urbanization, Evolution of industrial structure, Cointegration, Granger non-causality test.


DOI
10.12783/dtssehs/seme2017/18083

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