Influence Path Analysis of Coordination between Material and Spiritual Civilization Based on the VAR Model

Authors

  • Xiaojing Yun

DOI:

https://doi.org/10.54097/evmn7970

Keywords:

Material and spiritual civilization, Coupled coordination evaluation model, VAR model, Impulse response, Variance decomposition.

Abstract

This paper quantitatively analyzes the degree of coordination between China's material civilization and spiritual civilization by establishing an entropy method-coupled coordination degree model. Based on the quantitative results, indicators of China's 1987-2021 tax policy, monetary policy, and open economy policy are introduced to construct a vector autoregressive model to deeply analyze the dynamic relationship between the level of coordination and these influencing factors from multiple perspectives. It is found that maintaining a robust monetary policy, optimizing the structure of foreign trade and exports, and optimizing the structure of taxation are conducive to further enhancing the level of the degree of harmonization between China's material and spiritual civilization, and promoting the high-quality development of China's modernization.

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References

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Published

09-05-2024

How to Cite

Yun , X. (2024). Influence Path Analysis of Coordination between Material and Spiritual Civilization Based on the VAR Model. Highlights in Business, Economics and Management, 33, 232-242. https://doi.org/10.54097/evmn7970