CO-INTEGRATION ANALYSIS OF URBANIZATION DEVELOPMENT AND HEAVY INDUSTRY EXPAND
利用1978-2005年中国数据,通过协整分析和格兰杰因果检验,发现城市化与重工业发展存在长期稳定均衡和双向因果关系,城市化每增1%重工业产值增5%,重工业产值每增1%城市化增0.2%。
Fast development of urbanization and quick expanding of heavy industry are two engines to promote China society and economy advance.The paper using data from 1978 to 2005,researches dynamic relativity and causality between urbanization and heavy industry development from positive view,by co-integration analysis and Granger causality test.Positive analysis result indicates there is long-term stable equilibrium relationship between urbanization and heavy industry development,and there is bidirectional Granger causality between them.Urbanization increases 1%,heavy industry's total output value improves 5%,and heavy industry's total output value enhances 1%,urbanization increases 0.2%.