Paper Title:
Research on the Association Mechanism between China's Textile Industry and Macroeconomic — Based on VAR Model
  Abstract

This paper studies the relationship between the development of textile industry and the macroeconomic growth. By establishing the VAR model and co-integration test, the paper systematically describes the dependency between them. It also applies the method of impulse response function and variance decomposition to analyze their dynamic correlations. The result shows that there exists a long-term relationship between the textile industry and macroeconomic in China. But the relevance between them has something alike as well as something different through the analysis of impulse response function and variance decomposition. The good functioning of macroeconomic creats favourable conditions for the development of the textile industry. However, the influence on the textile industry of macroeconomic has a time-lag effect.

  Info
Periodical
Advanced Materials Research (Volumes 332-334)
Chapter
Chapter 13: Materials Processing Technologies
Edited by
Xiaoming Qian and Huawu Liu
Pages
2050-2053
DOI
10.4028/www.scientific.net/AMR.332-334.2050
Citation
F. Li, Z. M. Song, X. Han, "Research on the Association Mechanism between China's Textile Industry and Macroeconomic — Based on VAR Model", Advanced Materials Research, Vols. 332-334, pp. 2050-2053, 2011
Online since
September 2011
Export
Price
$32.00
Share

In order to see related information, you need to Login.

In order to see related information, you need to Login.

Authors: Jin Qiu Xu
Abstract:In order to study the interactive relationships between house price with marc-economy in China and reveal the transmission mechanism, this...
513
Authors: Su He, Ming Ming Chang
Chapter 11: Environmental Protection and Economic Development
Abstract:This paper analyses the relationship between China's economic growth and energy consumption of the period 1978-2009 by the Granger causality...
1708
Authors: Yun Dong Wen
Chapter 4: Machine Vision
Abstract:This paper aims to use China as the research sample to investigate the relationship among economic growth and financial development. Degrees...
1578
Authors: Yao Ji Ju, Jian Ming Li
Chapter 3: Material Engineering, Biochemistry and Energy Engineering
Abstract:In the current situation, Chinese economy is developing rapidly, and needs import huge quality of oil from different countries. About the...
469
Authors: Qun Wei Wang, Cheng Ling Cai, Dan Lu
Chapter 11: Ecological Economy, Circular Economy, Low-Carbon Economy and Eco-Tourism Applications
Abstract:This paper studies the relationships between economic growth, energy consumption and carbon dioxide emissions using an autoregressive...
1616