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Empirical Research on the Relationship between Investment of Environmental Protection and Economic Growing of Shanghai
Abstract:
This paper uses Impulse Response Function to empirically analyze the relationship between investment of environmental protection and economic growing of Shanghai. The result shows that Shanghai economic growth relatively contributes more to the environmental investment, while the improvement of environmental investment affects little on the economic growth. Shanghai should further promote multiplier effects of the environmental investment on economic growth in order to achieve the coordinated development between investment of environmental protection and economic growth.
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Pages:
1066-1070
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Online since:
October 2011
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© 2012 Trans Tech Publications Ltd. All Rights Reserved
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