An Equilibrium Analysis on the Relationship between Economic Growth and Urbanization-Based on Statistical Data from 1990 to 2015 in Heilongjiang Province

摘要

The statistical data about annual real per capita GDP and annual proportion of urbanization from 1990 to 2015 was selected as a sample in order to study the relationship between economic growth and urbanization in Heilongjiang Province. It made an empirical analysis by the Granger causality test, unit root test, cointegration test. It showed that there were a one-way Granger causal relationship and long-term equilibrium relationship between economic growth and urbanization in Heilongjiang Province. The economic growth in Heilongjiang Province can Granger cause the level of urbanization. It has obvious explanatory ability to the level of urbanization. So it should promote the construction of new urbanization, pay attention to the adjustment and optimization of industry structure, expand demand by the urbanization effect, stimulate economic growth and improve the urbanization level in Heilongjiang Province. The benign, coordinated and interactive development between economic growth and urbanization would be realized through the above mentioned measures.