Title :
Dynamic Analysis on Financial Income and Development of Economic in China
Author :
Gan Xiaoqing ; Gao Kuo ; Hu Kai
Author_Institution :
Jiujiang Univ., Jiujiang, China
Abstract :
Based on the foundation of VAR model. This paper applies impulse response function and variance decomposition to portray the correlations between development of economic and financial income. The result shows that there exists a strong positive response between them in the study period. Economic growth of China has certain positive role in promoting financial income, the existence of long-term stable relationship, but financial income levels to promote economic growth was not obvious.
Keywords :
economic indicators; financial management; China; GDP; VAR model; dynamic analysis; economic development; economic growth; financial income; impulse response function; variance decomposition; Analysis of variance; Cities and towns; Economic forecasting; Economic indicators; Error correction; Government; Mathematical model; Reactive power; Regression analysis; Time series analysis; Financial income; GDP; Impulse Response Function; VAR model; Variance Decomposition;
Conference_Titel :
Information and Computing Science, 2009. ICIC '09. Second International Conference on
Conference_Location :
Manchester
Print_ISBN :
978-0-7695-3634-7
DOI :
10.1109/ICIC.2009.231