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The Relationship Between Economic Growth and Industrial Structure in Middle-Income Countries

机译:中等收入国家经济增长与产业结构的关系

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Based on Chenery's theoretical hypothesis and Cobb Douglas production function, the article uses PVAR model to analyze the relationship between economic growth and industrial structure in 32 middle-income countries during 1980 to 2014. According to the testing results, there is a long-term and stable relationship between economic growth and industrial structure in middle-income countries. As for each country, Granger causality test shows that the relationship between economic growth and three industries vary from country to country, even though they have the same effect in general. In addition, with the development of the third scientific and technological revolution, the tertiary industry has a significant development in upper-income countries, while the middle-income country and lower income countries still greatly depend on the secondary industry.
机译:基于Chenery的理论假设和Cobb Douglas生产函数,本文使用PVAR模型分析了1980年至2014年间32个中等收入国家的经济增长与产业结构之间的关系。中等收入国家经济增长与产业结构之间的稳定关系。对于每个国家,格兰杰因果关系检验表明,经济增长与三个行业之间的关系因国家而异,即使它们总体上具有相同的效果。另外,随着第三次科学技术革命的发展,第三产业在高收入国家有了显着的发展,而中等收入国家和低收入国家仍然极大地依赖第二产业。

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