An Analysis of Urban Management in Zhejiang Province—Based on the Granger Causality Test and VAR Model Analysis - Open Access Library Journal

OALibJ > Vol.2 No.3, March 2015

An Analysis of Urban Management in Zhejiang Province—Based on the Granger Causality Test and VAR Model Analysis ()

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DOI: 10.4236/oalib.1101374 835 Downloads 1,389 Views

Author(s)

Haisheng Chen

Affiliation(s)

Party School of Zhejiang Provincial Committee of the CPC, Hangzhou, China.

ABSTRACT

Based on granger causality test and VAR (the Vector autoregressive model, Vector autoregressive model (VAR) is usually used in related time series prediction and stochastic disturbance on the variable system) analysis, the article finds the relationship among labor transfer, residents’ consumption and economic growth. On the one hand, the labor transfer is the granger reason of residents’ consumption. On the other hand, economic growth is the granger reason of labor transfer at the 5% significant level. Finally the article puts forward some suggestions of urban management, such as promoting consumption, enhancing the level of industrial agglomeration and guiding the transfer of rural labors.

KEYWORDS

Urban Management, Labor Transfer, Granger Causality Test, VEC Model

Share and Cite:

Chen, H. (2015) An Analysis of Urban Management in Zhejiang Province—Based on the Granger Causality Test and VAR Model Analysis. Open Access Library Journal, 2, 1-5. doi: 10.4236/oalib.1101374.

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