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《Finance & Economics》 2007-07
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The Cointegration Relationship of Fiscal Expenditure on Science and Technology and Economic Growth

Zhu Yun1 Bi Zhengcao2  
Appling unit root stationarity test and cointegration test theory, this paper studies the relationship of fiscal expenditure on science and technology and economic growth from 1978-2005. The result shows that fiscal expenditure on science and technology has an important driving effect on economic growth, and whereas economic growth has only some degree drawing effect on fiscal expenditure on science and technology.
【Fund】: 四川省软科学项目(编号:2006R16-079)。
【CateGory Index】: F812.4;F124;F224
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