International Journal of Multidisciplinary Research and Development

E- ISSN: 2349-4182
P- ISSN: 2349-5979

Vol. 6, Issue 1 (2019)

Study on the dynamic relations among economic growth, industrial structure change and employment in Guizhou province of China

Author(s): Liqiong Zhang, Song Tian
Abstract: Through the analysis of output value and employment number of three major industries in Guizhou Province of China, it is found that the industrial structure and employment structure of Guizhou Province, through the construction of VAR model, has carried out Johansen cointegration test and Granger causality test on the relationship between economic growth, output structure change and employment structure change and employment structure change in Guizhou Province. The study finds that there is a long-term co-integration relationship among the three variables of economic growth, industrial structure change and employment. However, the employment structure of Guizhou Province is earlier than the industrial structure change, and later lags behind the industrial structure change. The contradiction between employment structure and industrial structure is very prominent. Therefore, it is necessary to design industrial development and employment promotion from the perspective of promoting the transfer of agricultural labor force. Policies to promote Guizhou Province in the process of industrialization to achieve double economic and employment growth and coordinated development of structural adjustment.
Pages: 150-154  |  293 Views  64 Downloads
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