安徽财政教育支出与经济增长动态关系研究——基于ARDL-ECM模型的实证检验

An Empirical Analysis of the Dynamic Relationship between Fiscal Education Expenditure and Economic Growth in Anhui Province: an Empirical Test Based on the ARDL-ECM Model

基于1990—2017年安徽省财政教育支出与经济增长的数据,运用ARDL-ECM模型对财政教育支出与经济增长的关系进行实证研究。结果表明:安徽财政教育支出与经济增长之间存在相互促进的协整关系;通过误差修正模型发现,GDP每增加1%,教育财政支出将增加0.5725%;教育财政支出每增加1%,GDP将增加0.1697%。根据研究结论,提出促进安徽财政教育支出与经济增长协调发展的建议。

By analyzing the data of fiscal education expenditure and economic growth in Anhui Province from 1990 to 2017,using ARDL-ECM Model,this paper carries on the empirical analysis of the correlation between fiscal education expenditure and economic growth in Anhui Province.The results show that there is a long-term equilibrium on relationship between fiscal education expenditure and economic growth in Anhui Province.By ECM model analysis,for every 1 percentage increase in GDP,the fiscal education expenditure will grow by 0.5725 percentages.For every 1 percentage increase in the fiscal education expenditure,GDP will grow by 0.1697 percentages.Combined with the research results,we put forward some suggestions to promote the coordinated development of fiscal education expenditure and economic growth in Anhui province.