International Conference on Information Technology and Scientific Management (ICITSM 2010 E-BOOK)

Tianjin,China,12.20-12.21,2010

ISBN: 978-1-935068-40-2 Scientific Research Publishing, USA

E-Book 1078pp Pub. Date: December 2010

Category: Computer Science & Communications

Price: $220

Title: The Analysis of China’s GDP and the Expenditure for the Basic Endowment Insurance Based on Theory of Granger Causality
Source: International Conference on Information Technology and Scientific Management (ICITSM 2010 E-BOOK) (pp 1033-1036)
Author(s): Hongyan Li, School of Management Studies, Shanghai University of Engineering Science, Shanghai 201620, China
Yuewen Li, School of Management Studies, Shanghai University of Engineering Science, Shanghai 201620, China
Abstract: Using a single, co-integration testing techniques related to time series of variables, according to the data of China Statistical Yearbook(2009), the paper draws the conclusion that the time series data of GDP and the expenditure for the basic endowment insurance are the non-stationary time series, I(2) integration, and I(1 ,2) co-integration distribution. After the empirical analysis, we deduce a conclusion that the expenditure for the basic endowment insurance can produce significant effect on GDP’s growth, vice versa, but there exists the different lags. At last, the paper probes into the reason.
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