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Research on Relationship between Port Logistics and Economic Growth Based on VAR: A Case of Shanghai
School of Economics and Management, Shanghai Maritime University, Shanghai, China
School of Economics and Management, Shanghai Maritime University, Shanghai, China
- 1 School of Economics and Management, Shanghai Maritime University, Shanghai, China
- 2 School of Economics and Management, Shanghai Maritime University, Shanghai, China
American Journal of Industrial and Business Management·Volume 09 (2019)·Pages 1557–1567·Published 18 July 2019·DOI10.4236/ajibm.2019.97102
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Abstract
This paper considers the relationship between Shanghai port logistics and regional economic growth. Vector autoregression (VAR) model, Granger causality test, impulse response functions(IRF) are used based on the statistical data of Shanghai for the years from 1990 to 2017. The results indicate a long-term equilibrium relationship among variables. Besides, cargo throughput and container throughput, the chosen indexes to study port logistics exist a bidirectional causality. Cargo throughput is unidirectionally causal to economic growth.
KeywordsPort LogisticsEconomic GrowthVARShanghai
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