Du Jiating
School of Economics and Management, Chongqing Normal University, Chongqing, China
ABSTRACT
In background that China has put forwards the transformation of the economic growth pattern and acceleration of industrial structure upgrading it is necessary to make an in-depth study of the industrial structure upgrading particularly. Starting from the adjustment of financial asset structure, this study constructs a Panel Vector Auto regression (PVAR) model, uses panel impulse response function and variance decomposition technology to make a multidimensional research with a provincial panel data of western China during 1993-2011, The conclusion proves that there is an interactive relationship between the structure adjustment of financial assets and industrial structure upgrading. But there are significant differences among different types of financial assets and industrial structure upgrading on interaction, direction and path.
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How to cite this article
Du Jiating, 2013. PVAR Model Analysis of Financial Assets Structure Adjustment and Industrial Structure Upgrading. Information Technology Journal, 12: 8629-8634.
DOI: 10.3923/itj.2013.8629.8634
URL: https://scialert.net/abstract/?doi=itj.2013.8629.8634
DOI: 10.3923/itj.2013.8629.8634
URL: https://scialert.net/abstract/?doi=itj.2013.8629.8634
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