Co-integration Analysis of Rural Labor Non-agricultural Activities and Household Income

The role of non-agricultural activities of rural labors in their household income is a noteworthy topic. This paper focuses on the long-term and stable equilibrium relationship between the two. Based on 1985 - 2012 Statistical Yearbook data, this study conducted corresponding calculation reasoning a...

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Bibliographic Details
Main Authors: Shi Fan, Zhang Xue-Hui, Chen Shu-Wei
Format: Article
Language:English
Published: EDP Sciences 2017-01-01
Series:ITM Web of Conferences
Online Access:https://doi.org/10.1051/itmconf/20171203031
Description
Summary:The role of non-agricultural activities of rural labors in their household income is a noteworthy topic. This paper focuses on the long-term and stable equilibrium relationship between the two. Based on 1985 - 2012 Statistical Yearbook data, this study conducted corresponding calculation reasoning and co-integration test of the non-agricultural activities of rural labors and their household income, with the results showing: Long-term equilibrium relationship exists between the two, witnessing short-term fluctuations and a trend of short-term fluctuations to long-run equilibrium.
ISSN:2271-2097