Issue |
E3S Web Conf.
Volume 275, 2021
2021 International Conference on Economic Innovation and Low-carbon Development (EILCD 2021)
|
|
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Article Number | 01009 | |
Number of page(s) | 5 | |
Section | Energy Application and Ecological Resource Sustainability | |
DOI | https://doi.org/10.1051/e3sconf/202127501009 | |
Published online | 21 June 2021 |
The Relationship Between Industrial Structure and Economic Growth in China— An Empirical Study Based on Panel Data
The University of Melbourne, Faculty of Business and Economics, Melbourne, Victoria, Australia
* Corresponding author: junxiny@student.unimelb.edu.au
Industrial structure plays a vital role in social and economic progress, as well as the core in the domain of industrial economics. This paper reviewed the coordination of industrial structure and employment rate in primary, secondary, and tertiary industry, respectively by looking at its coordination coefficient. More importantly, this paper examined the relationship between industrial structure and economic growth using panel data from 2011 to 2019 and constructing a GMM model to measure the effects. Our findings indicate that the acceleration in economic growth, to a large extent, can be credited to an enhanced contribution from the service sector.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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