Title :
An empirical analysis of the relationship between FAI and GDP
Author :
Bin, Xi ; Minhui, Song
Author_Institution :
Sch. of Inf. Sci. & Technol., Xiamen Univ., Xiamen, China
Abstract :
Based on the transfer function model, this paper focus on the influence factors and change trend of GDP since the reform and opening in China. And the model suggests that investment in fixed assets has a positive lag effect for economic, and for a long time, can stimulate economic growth. So in order to guarantee the sustainable development of our economy, we can appropriately increase of fixed-asset investment.
Keywords :
Automatic control; Automation; Economic forecasting; Economic indicators; Information science; Investments; Statistical analysis; Sustainable development; Testing; Transfer functions; FAI (fixed-asset investment); GDP; Granger Causality Test; transfer function model;
Conference_Titel :
Control and Automation (ICCA), 2010 8th IEEE International Conference on
Conference_Location :
Xiamen, China
Print_ISBN :
978-1-4244-5195-1
Electronic_ISBN :
1948-3449
DOI :
10.1109/ICCA.2010.5524196