A Study on Chinese Civil Aviation and Economic Growth Based on Co-integration and Granger Test

摘要

Using co-integration and Granger causality test, based on the data of 1985-2008, discusses the relationship between Chinese civil aviation and economic. The results show that there is a stability positive relationship between the development of civil aviation and economic in the long term. Creating error model to illustrate the dynamic equilibrium exists of them. Granger causality test shows that total transportation turnover of civil aviation is the Granger cause of GDP, civil aviation plays a stronger leading role in the relationship.