短期因果关系检验及其对湖北经济的实证

Testing Causality in Short -run and Its Empirical Evidence in Hubei's Economy

本项研究在剖析基于VAR的因果关系检验的基础上,将这一检验扩展到ECM模型,使之能揭示变量之间的短期动态因果关系。然后,运用这种扩展对湖北经济进行实证。

Based on the test of VAR causality, this study first expands the causality in level to ECM, which can examine the short - run dynamic causality between variables. By applying the test in the case of Hubei, this paper finally puts forward some policy suggestions on Hubei' s macroeconomy.