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Relationship Among The Consumption Structure, The Industrial Structure And The Economic Growth In Heilongjiang Province

Posted on:2017-04-26Degree:MasterType:Thesis
Country:ChinaCandidate:S K ChenFull Text:PDF
GTID:2309330482989242Subject:Population, resource and environmental economics
Abstract/Summary:PDF Full Text Request
With the "new normal economy" and "supply-side structural reforms" turning out, consumption structure and industrial structure and economic growth became the focus again. Economic scholars empirical analysis of the relations were concentrated on two aspects: one focused on the impact of the adjustment of consumption structure to industrial structure; the other focused on the impact of industrial structure on economic growth. In this paper, quantitative and qualitative analysis, normative analysis and empirical analysis methods were taken to study the consumption structure, the industrial structure and economic growth of Heilongjiang Province in order to understand the interaction mechanisms.Firstly, the basic theories of Chinese and foreign scholars were sorted out that the three should have a mutual influence on each other, namely causal conclusions mutually.Secondly, according to the requirements of quantitative analysis, the Engel coefficient was taken as a measure of the consumption structure, the ratio of the secondary industry and tertiary industry output value to GDP of Heilongjiang province as a measure of industrial structure, withthe base period of 1978, real GDP as a measure of economic growth; ARDL model was used to analyse the dynamic relationships from the view of short and long term; the model shows that the current consumption structure has not been optimized; the impetus of consumption structure to economic growth is not obvious, the second industry has a positive role in promoting economic growth, and the tertiary industry is not significant; in the process of industrial development, the secondary industry have a positive role in tertiary industry growth and economic growth, but vice versa not according to the model, which indicates that if the second industry is hit hard, the economic growth and the tertiary industry will be substancially affected.Finally discrepancies between the theoretical conclusions and the results obtained from our model were displayed with the reasons given and then suggestions combined with counter measures in guiding Heilongjiang province out of economic dilemma were put forward.
Keywords/Search Tags:Consumption Structure, Industrial Structure, Economic Growth, Auto-Regressive Distributed Lag Model
PDF Full Text Request
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