Author : Siyue Yang 1
Date of Publication :20th December 2017
Abstract: This research study is to analyze the impacts of broadband on economic growth in 30 regions of People’s Republic of China during 2006 to 2015 by using panel data. Firstly, adopting Padroni method to examine whether exists the cointegration among economic growth and broadband constructions. Regarding the empirical results, there has a long-run relationship between broadband constructions and economic growth. Secondly, based on the empirical results from panel dynamic ordinary least square (DOLS) and fully modified ordinary least square (FMOLS), there exists a long run elasticity equilibrium co-integration within the variables, and the coefficients of independent variables are positive. Then selecting fixed effect models based on the results of Hausman test and applying panel GLS to measure the impact of broadband constructions on Chinese economy. In conclusion, it can be summarized that broadband constructions are significant aspects which positively impact on Chinese economic development
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