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Erschienen in:
2017 | OriginalPaper | Buchkapitel
1. Granger Causality Test of Science & Technology Innovation Expense and New Urbanization—A Case Study of Hangzhou City
verfasst von : Yuezhen Lyu, Yuzhe Wu, Ye Lin
Erschienen in: Proceedings of the 20th International Symposium on Advancement of Construction Management and Real Estate
Verlag: Springer Singapore
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Abstract
Based on the data of Hangzhou in 2005–2013, a comprehensive evaluation system of new urbanization from the demographic aspect, economic aspect and social aspect is built to measure the level of new urbanization development. Meanwhile, the dynamic relationship of science and technology innovation expense and the level of new urbanization is tested by co-integration test and Granger causality test. Results show that the comprehensive level of the new urbanization of Hangzhou is improved continuously from 2005 to 2013. There is a cointegrated relation for a long equilibrium between the S&T innovation expense and the level of new urbanization development. The indicators of S&T innovation expense, which includes the R&D expenditure and the number of R&D activities personnel, have a Granger impact on the level of new urbanization development. And the number of R&D activities personnel has more significant impact on the level of new urbanization development.