Empirical Analysis on Relationship between Money Supply and Economic Growth in China
- DOI
- 10.2991/jahp-17.2017.39How to use a DOI?
- Keywords
- money supply; M2; GDP
- Abstract
The relationship between money supply and economic growth is the focus of attention all the time. In recent years, with the rapid development of Chinese economy, the money supply of RMB increases in successive years. It is of great necessary to conduct empirical analysis on the relationship between money supply and GDP of our country to ensure a balance, healthy and rapid economic development. By selecting the data from 1986 to 2013, 27 years in total, it conducts empirical analysis on this issue through unit root test, Granger causality test, co-integration test and establishment of error correction model, then it comes to a conclusion.
- Copyright
- © 2017, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Abuduaini Awuti PY - 2017/09 DA - 2017/09 TI - Empirical Analysis on Relationship between Money Supply and Economic Growth in China BT - Proceedings of the 2nd International Conference on Judicial, Administrative and Humanitarian Problems of State Structures and Economic Subjects (JAHP 2017) PB - Atlantis Press SP - 176 EP - 183 SN - 2352-5398 UR - https://doi.org/10.2991/jahp-17.2017.39 DO - 10.2991/jahp-17.2017.39 ID - Awuti2017/09 ER -