An empirical study on the relationship between industrial structure and economic growth in Guangdong Province

Jing Feng; Qiaowen Yang; Yonghong Yao; Yuxin Cheng

doi:10.54691/bcpbm.v19i.807

Authors

Jing Feng
Qiaowen Yang
Yonghong Yao
Yuxin Cheng

DOI:

https://doi.org/10.54691/bcpbm.v19i.807

Keywords:

Industrial structure, economic growth, Guangdong Province

Abstract

According to the viewpoint of structuralism, if the optimization of resource allocation does not hold, this study focuses on considering the impact of economic structural changes on economic growth. There is an inherent relationship between industrial design and economic development, and timely adjustment of industrial systems is the binding force for sustained economic growth. Based on the data from Guangdong Province from 1979 to 2018, this paper uses econometric methods to establish a model for the contribution of industrial structure to economic growth. The research results reveal Guangdong Province's industrial design evolution and the relationship between industrial structure and economic development. Relevant policy recommendations.

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