Empirical Analysis on Economic Growth and Development of Logistics Based on the Co-integration and State Space Model
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An empirical analysis is taken by using the data of GDP,logistics fixed assets investment,logistics and industrial structure in nearly 18 years.The results show that the four variables are co-integrated.Granger causality test shows there is only one-way output Granger causality between GDP,fixed assets investment and logistics;there is an upward trend in logistics fixed assets investment'flexibility for GDP.