An Empirical Study of the Relationship between Urban Environmental Infrastructure Investment and Economic Growth
分析了1983年至2009年间中国城市环境基础设施投资与经济增长的关系,发现两者存在长期均衡但无格兰杰因果关系,并给出政策建议。
Infrastructure is significant for national or regional socio-economic activities of the public service system,which is much larger than economic interests,and is very important to the social development.In this paper,from 1983 to 2009,we analyze the relationship between urban environment infrastructure investment and economic growth,we use of econometric tools,and believe that long-run equilibrium relationship exists between the two,but through theory and practice analysis,there is no Granger causality between them,we attempts to explain why and make policy recommendations accordingly.