The Influence Analysis of the Construction Industry's Growth in National Economy

摘要

This paper firstly analyzes the relationship between construction industry and the development of national economy based on the theory of coordination and model of error correction. Then it concludes that there is a long-term balanced relation between the construction industry and the national economy, and the short-term sharp growth of the construction industry can promote the development but not significant. Meanwhile, the result of Granger Causality Analysis shows that it’s causal relation between the construction industry and economical development.