The Influence of Supply-Side Factors on the Upgrading of China's Industrial Structure
International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
www.ijsr.net | Open Access | Fully Refereed | Peer Reviewed International Journal

ISSN: 2319-7064

Research Paper | Economics | China | Volume 6 Issue 8, August 2017

The Influence of Supply-Side Factors on the Upgrading of China's Industrial Structure

Juan Shang, Yao Tong

With the decline of China's demographic dividends, the accumulation of ?middle income trap? risk, marking China's economy began to enter a new stage. In the new economic normal, the focus of supply-side structure reform is how to solve the problem of excess capacity in China, low corporate profit margins, correct the mismatch of resources, in order to promote the upgrading of China's industrial structure. Based on the time series data from 1998 to 2015, this paper use unit root test and cointegration test to analyze the relationship between supply-side factors input and industrial structure upgrades, and on this basis, use Granger causality test for further study. The empirical results show that There is a one-way and positive correlation between the supply-side structure and the upgrading of the industrial structure. Finally, according to the empirical results, put forward some suggestions and recommendations about supply-side structure reform and upgrading industrial structure.

Keywords: Upgrading industrial structure, supply-side structure reform, element structure configuration, technical progress

Edition: Volume 6 Issue 8, August 2017

Pages: 1291 - 1295

Share this Article

How to Cite this Article?

Juan Shang, Yao Tong, "The Influence of Supply-Side Factors on the Upgrading of China's Industrial Structure", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=ART20176307, Volume 6 Issue 8, August 2017, 1291 - 1295

94 PDF Views | 42 PDF Downloads

Download Article PDF



Top