Since the Reform and Opening-up in 1978,China’s economy,society and other fields have developed very rapidly.Economic growth has achieved leapfrog development,and the three industries have achieved great development,...Since the Reform and Opening-up in 1978,China’s economy,society and other fields have developed very rapidly.Economic growth has achieved leapfrog development,and the three industries have achieved great development,but the overall industrial structure needs to be improved.At present,China’s economy has entered the“New Normal”.In order to achieve“Sound and Rapid”economic development,it is imperative to transform the industrial structure.Using econometric analysis and based on China’s economic data from 1978 to 2020,this paper explores the different impacts of three industrial sectors on economic growth.Thus it analyzes the internal mechanism of China’s economic growth.It is concluded that the contribution of the tertiary industry to the national GDP is the largest,the level of secondary industry is medium,and the primary industry is the smallest.Finally,according to the calculation results,this paper puts forward corresponding suggestions for the optimization of China’s industrial structure,in order to achieve sound and rapid development of the national economy.展开更多
In this paper,we use the macro data from the first quarter of 2001 to the first quarter of 2015,through vector autoregressive(VAR)model,Granger causality analysis,impulse response function(RFI)and variance decompositi...In this paper,we use the macro data from the first quarter of 2001 to the first quarter of 2015,through vector autoregressive(VAR)model,Granger causality analysis,impulse response function(RFI)and variance decomposition analysis of quantitative analysis methods,to research on the relationship among China’s real growth variation of gross domestic product(GDP),Money supply growth rate and consumer price index.We find that the money supply growth has impact on China’s real growth variation of GDP in short-term,but there is no long-term significant effect.Economic growth is the main factor to promote the consumer price index growth,money growth is not the main factor driving the change in the price index.China’s currency growth is affected significantly by the change of the economic growth.展开更多
The Asian Development Bank said it had revised its forecast on China’s year-on-year economic growth to 8.2 percent for 2009. The new projection for this year is higher than the bank’s
Zhan Yong,commentator of People’s Daily,and Cai Fang,Director of the Institute of Population and Labor Economics,Chinese Academy of Social Sciences(CASS),recently expressed their views on China’s elevation to the wo...Zhan Yong,commentator of People’s Daily,and Cai Fang,Director of the Institute of Population and Labor Economics,Chinese Academy of Social Sciences(CASS),recently expressed their views on China’s elevation to the world’s second largest economy and its $5.88 trillion GDP value which grew at a year-on-year rate of 9.8 percent in 2010, saying in an analysis that China is still a developing展开更多
This study is the first attempt to investigate the relationship between the annual GDP growth rate and money laundering in the Republic of Albania during the period 2007-2011. The main result of the study: there is a ...This study is the first attempt to investigate the relationship between the annual GDP growth rate and money laundering in the Republic of Albania during the period 2007-2011. The main result of the study: there is a negative correlation between money laundering process and economic growth rate in Albania during the specified period;there is a negative correlation between money laundering and import, but there is a positive correlation between money laundering and the government expenditure, as well a positive correlation between money laundering and export.展开更多
As a result of the shrinking working age population （aged 15 to 59 years）, all factors that have driven China＇s rapid economic growth over the past 30years tend to diminish from 2010. The present paper estimates th...As a result of the shrinking working age population （aged 15 to 59 years）, all factors that have driven China＇s rapid economic growth over the past 30years tend to diminish from 2010. The present paper estimates the average annual growth rate of potential output to be 7.2percent over the 12th Five-year Plan period and 6.1 percent over the 13th Five-year Plan period. Future sustainable growth requires furthering economic reform in related areas to enhance potential growth. This paper simulates two scenarios in which both an increase in labor force participation and improvement in total factor productivity can significantly enhance the potential GDP growth rate. Relevant policy implications are discussed.展开更多
This paper investigates the effects of inflation rate, GDP, and real growth rate on interest rate in Canada for the period of 2003 to 2014. I employed the monthly data from Statistics Canada. By testing the unit root,...This paper investigates the effects of inflation rate, GDP, and real growth rate on interest rate in Canada for the period of 2003 to 2014. I employed the monthly data from Statistics Canada. By testing the unit root, cointegration, and Granger causality and using the econometric regression, I find that inflation rate, GDP, and real growth rate have significantly positive effects on interest rate.展开更多
文摘Since the Reform and Opening-up in 1978,China’s economy,society and other fields have developed very rapidly.Economic growth has achieved leapfrog development,and the three industries have achieved great development,but the overall industrial structure needs to be improved.At present,China’s economy has entered the“New Normal”.In order to achieve“Sound and Rapid”economic development,it is imperative to transform the industrial structure.Using econometric analysis and based on China’s economic data from 1978 to 2020,this paper explores the different impacts of three industrial sectors on economic growth.Thus it analyzes the internal mechanism of China’s economic growth.It is concluded that the contribution of the tertiary industry to the national GDP is the largest,the level of secondary industry is medium,and the primary industry is the smallest.Finally,according to the calculation results,this paper puts forward corresponding suggestions for the optimization of China’s industrial structure,in order to achieve sound and rapid development of the national economy.
文摘In this paper,we use the macro data from the first quarter of 2001 to the first quarter of 2015,through vector autoregressive(VAR)model,Granger causality analysis,impulse response function(RFI)and variance decomposition analysis of quantitative analysis methods,to research on the relationship among China’s real growth variation of gross domestic product(GDP),Money supply growth rate and consumer price index.We find that the money supply growth has impact on China’s real growth variation of GDP in short-term,but there is no long-term significant effect.Economic growth is the main factor to promote the consumer price index growth,money growth is not the main factor driving the change in the price index.China’s currency growth is affected significantly by the change of the economic growth.
文摘The Asian Development Bank said it had revised its forecast on China’s year-on-year economic growth to 8.2 percent for 2009. The new projection for this year is higher than the bank’s
文摘Zhan Yong,commentator of People’s Daily,and Cai Fang,Director of the Institute of Population and Labor Economics,Chinese Academy of Social Sciences(CASS),recently expressed their views on China’s elevation to the world’s second largest economy and its $5.88 trillion GDP value which grew at a year-on-year rate of 9.8 percent in 2010, saying in an analysis that China is still a developing
文摘This study is the first attempt to investigate the relationship between the annual GDP growth rate and money laundering in the Republic of Albania during the period 2007-2011. The main result of the study: there is a negative correlation between money laundering process and economic growth rate in Albania during the specified period;there is a negative correlation between money laundering and import, but there is a positive correlation between money laundering and the government expenditure, as well a positive correlation between money laundering and export.
文摘As a result of the shrinking working age population （aged 15 to 59 years）, all factors that have driven China＇s rapid economic growth over the past 30years tend to diminish from 2010. The present paper estimates the average annual growth rate of potential output to be 7.2percent over the 12th Five-year Plan period and 6.1 percent over the 13th Five-year Plan period. Future sustainable growth requires furthering economic reform in related areas to enhance potential growth. This paper simulates two scenarios in which both an increase in labor force participation and improvement in total factor productivity can significantly enhance the potential GDP growth rate. Relevant policy implications are discussed.
文摘This paper investigates the effects of inflation rate, GDP, and real growth rate on interest rate in Canada for the period of 2003 to 2014. I employed the monthly data from Statistics Canada. By testing the unit root, cointegration, and Granger causality and using the econometric regression, I find that inflation rate, GDP, and real growth rate have significantly positive effects on interest rate.
