TITLE:
Analysis of Industrial Structure Change and Employment Effect in Zhejiang Province
AUTHORS:
Lichao Tao, Songyan Zhang, Jing Xu
KEYWORDS:
Change Speed of Industrial Structure, Change Direction of Industrial Structure, Employment Effect
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.7 No.10,
October
31,
2019
ABSTRACT:
Through the time series data from 1986 to 2018, this paper makes an empirical analysis on the changes of industrial structure and employment in Zhejiang Province. The results show: the change direction of industrial structure and the change speed of industrial structure have significant impacts on employment, the change direction of industrial structure is positively related to employment, the change speed of industrial structure is negatively related to employment. The net result of the industrial structure changes has been an increase in employment. The employment effect of industrial structure upgrading is tested by using Co-integration model, and the corresponding suggestions and measures are put forward.