An Empirical Analysis on the Influencing Factors of Economic Growth in Anhui Province
DOI:
https://doi.org/10.54097/ijeh.v2i1.225Keywords:
Economic growth, OLS regression analysis, Stepwise regression, White testAbstract
This paper selects the per capita consumption expenditure, the whole society's fixed asset investment, fiscal expenditure and the turnover of technology contracts from 2000 to 2019 as the explanatory variables and GDP as the explanatory variables, and uses the regression analysis method to make a quantitative analysis on the factors of economic growth in Anhui Province. The results show that the GDP of Anhui Province is greatly affected by per capita consumption expenditure and technology contract turnover on the premise of excluding the autocorrelation between variables. Finally, it puts forward some targeted policy suggestions for the high-quality economic development of Anhui Province.
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