The Impact of Our Investment and Consumption distinguishing Domestic and Foreign Section on Taiwan Economic Growth:VAR Model

碩士 === 國立臺北大學 === 企業管理學系 === 102 === The relationship between economic growth and other factors is the concern of many academics and government departments. This study aims to analyze foreign and domestic investment and consumption to economic growth impact. The proportion of private consumption and...

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Bibliographic Details
Main Authors: Yang, Chun-Han, 楊鈞涵
Other Authors: Chiu, Kuang-Hui
Format: Others
Language:zh-TW
Published: 2014
Online Access:http://ndltd.ncl.edu.tw/handle/325hry
Description
Summary:碩士 === 國立臺北大學 === 企業管理學系 === 102 === The relationship between economic growth and other factors is the concern of many academics and government departments. This study aims to analyze foreign and domestic investment and consumption to economic growth impact. The proportion of private consumption and investment nearly eight percent in our gross domestic product (GDP). This article focuses on the consumption and investment, and further distinguishes between domestic and foreign two parts. We analyze the effect of domestic consumption, foreign consumption, domestic investment and foreign investment on economic growth. A time series analysis of vector autoregression model is used as empirical method, containing single test, Granger causality test, impulse response analysis and forecast error variance decomposition etc. By Granger causality test, there is a significant impact on change of domestic investment to the economic growth, therefore domestic investment can be regarded as a leading indicator to the economy growth; VAR model found there are significant impacts on change of domestic investment and domestic consumption to the economic growth; and our analysis find that four variables of this study on the economic growth has some explanatory power.