학술저널
The Empirical Study on Producer Service Industry and Economic Growth in China: Implication on Economic Integration
- 세종대학교 경제통합연구소
- Journal of Economic Integration
- 제39권 제4호
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2024.12921 - 939 (19 pages)
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DOI : 10.11130/jei.2024025
- 8
This empirical study investigates the impact of China's producer services on economic growth from 1995 to 2021, using ridge regression analysis. The results demonstrate that China's producer service industry has a positive influence on economic growth. The ridge regression shows wholesale and retail trade have the most significant positive impact, followed by transportation/storage services. Overall, the study provides valuable insights into the importance of producer services for China's economic integration and growth.
I. Introduction
II. Literature Review
III. Data Sources and Methods
IV. Empirical Results and Discussion
V. Conclusion
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