Fixed-Asset Investment and Three Strata of Industry Based on Clustering Analysis and Granger Causality Test

Authors

Qiongqiong Zhang, Wenzhou-Kean University
Chun Te Lee, Wenzhou-Kean University

Document Type

Conference Proceeding

Publication Date

1-1-2021

Abstract

In order to accelerate the transformation and upgrading of the domestic industrial structure and accelerate the transformation of the economic structure from export-oriented to investment-oriented, investment in fixed assets has become an integral part of promoting economic development. This article mainly uses cluster analysis to confirm the compatibility of the three levels of industry classification with the data from China Statistical Yearbook. Through Stata, we use the VAR model and the linear Granger causality test to study the lagging effects of fixed asset investment and China's three major industries.

Publication Title

Proceedings - 2021 International Conference on Big Data, Artificial Intelligence and Risk Management, ICBAR 2021

First Page Number

23

Last Page Number

27

DOI

10.1109/ICBAR55169.2021.00013

Recommended Citation

Zhang, Qiongqiong and Lee, Chun Te, "Fixed-Asset Investment and Three Strata of Industry Based on Clustering Analysis and Granger Causality Test" (2021). Kean Publications. 1035.
https://digitalcommons.kean.edu/keanpublications/1035