DocumentCode
2757917
Title
Empirical analysis on causal relationship between institution and economic development based on VAR method
Author
Jinyu, Yuan ; Zhixing, He
Author_Institution
Dept. of Econ. & Manage., Shandong Foreign Trade Vocational Coll., Qingdao, China
fYear
2011
fDate
10-12 July 2011
Firstpage
309
Lastpage
312
Abstract
Economic development level has important effect on the institution. And economic development is an adjustment process of stock variable. Thus, it is difficult to achieve desired results for the institution transplanting. Under different conditions and during different period, the relationship between the institution and economic development is different. A theoretical model on causal relationship between institution and economic development was established, based on VAR (vector auto-regression) method, and the relationship was affirmed.
Keywords
autoregressive processes; economics; stock markets; VAR method; causal relationship; economic development; institution; stock variable adjustment process; vector autoregression method; Economics; Humans; Publishing; Institution; VAR method; cointegration Analysis; economic development;
fLanguage
English
Publisher
ieee
Conference_Titel
Intelligence and Security Informatics (ISI), 2011 IEEE International Conference on
Conference_Location
Beijing
Print_ISBN
978-1-4577-0082-8
Type
conf
DOI
10.1109/ISI.2011.5984103
Filename
5984103
Link To Document