Title :
Study on the Affecting Factors of Service Industry in China
Author_Institution :
Bus. Sch., Northeast Normal Univ., Changchun, China
Abstract :
This paper studies the affecting factors of service industry in China by using the Granger Causality test, Johansen cointegration test and impulse response function. We found that the economic growth and the increase of employment of service industry can promote the development of the service sector in China. And the growth of the service industry does have a positive effect on urbanization process of China, but we didn´t get the positive and consistent result in the opposite direction.
Keywords :
economic cycles; service industries; China; Granger causality test; Johansen cointegration test; economic growth; impulse response function; service industry; service sector; urbanization process; Economic indicators; Employment; Industries; Presses; Productivity;
Conference_Titel :
Management and Service Science (MASS), 2011 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-6579-8
DOI :
10.1109/ICMSS.2011.5998722
