Correlation between China’s Cultural Industry and Economic Growth

Correlation between China’s Cultural Industry and Economic Growth


Author:Wang Zhuoyu, Wu Xiang, Yin Zhong Journal:Information Science Date:2012,30(11)

Abstract: Cultural Information is Industry called for the gold industry, in the 21st century global economic integration era which has become an important pillar of our industry and the leading industry. Based on vector autoregressive (VAR) model, the impulse response function model  and  variance decomposition and econometric tools based on the 2001 first quarter to the fourth quarter of 2010, within the time rame, the cultural and information industry bodies quarter year-on-year  growth rate the correlation between the number of cultural and information industry practitioners quarter year-on-year growth rate and real  GDP quarterly year-on-year growth rate of quarterly data, detailed analysis of China's cultural development of information industry and macroeconomic growth, the empirical research results to promote China's cultural the development of information industry and macroeconomic sustained and stable growth to provide valuable empirical evidence.

Key words: cultural and information industry growth; economic growth; granger causality; var model


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