The analysis of affecting GDP growth factors based on EVIEWS econometric model

Author

Lei Guo ; Hui-Ben Zhang

Author_Institution

Sch. of Public Finance & Taxation, Zhongnan Univ. of Econ. & Law, Wuhan, China

fYear

2013

fDate

17-19 Dec. 2013

Firstpage

222

Lastpage

225

Abstract

This paper analyzes our country´s GDP and influences its factors by econometric methods and statistical analysis method. By EVIEWS software modeling, used the model estimates OLS parameter, then get model mathematical equations. There are many factors affecting the national economy, such as, the total fiscal expenditure, the total investment, the total imports and exports and the total consumption and so on. In this paper, we take the total investment and the total consumption as explanatory variable, analyze relationship between these explanatory variables and GDP and analyze the economic significance of these influencing factors.

Keywords

econometrics; economic indicators; international trade; investment; least squares approximations; macroeconomics; parameter estimation; statistical analysis; EViews econometric model; EViews software modeling; GDP growth factors; OLS parameter estimation; country GDP analysis; econometric methods; explanatory variable; gross domestic product; mathematical equations; national economy; ordinary least square method; statistical analysis method; total consumption; total exports; total fiscal expenditure; total imports; total investment; Econometrics; Economic indicators; Equations; Investment; Mathematical model; Software; GDP; OLS Parameter Estimation; Total Consumption; Total Investment;

fLanguage

English

Publisher

ieee

Conference_Titel

Wavelet Active Media Technology and Information Processing (ICCWAMTIP), 2013 10th International Computer Conference on

Conference_Location

Chengdu

Print_ISBN

978-1-4799-2445-5

Type

conf

DOI

10.1109/ICCWAMTIP.2013.6716636

Filename

6716636