The measurement of dynamic relationship between urban land expansion and economic growth in Chongqing

Abstract

This paper empirically analyzed the relationship between construction land expansion and economic growth in Chongqing by co-integration test, Granger causality analysis and impulse response. The results show that: (1) There is a long-run cointegrated relationship between construction land expansion and economic growth, and the change of them have the homogeneity; (2) Economic growth is the Granger cause of construction land expansion, while construction land expansion is not the Granger cause of economic growth; (3) Construction land expansion makes a small contribution to economic growth, and with lag phase prolonged, the contribution rate becomes stable, and economic growth is significantly affected by its own rather than by construction land expansion; (4) The contribution rate of economic growth to construction land expansion reaches up to more than 90%, and economic growth is the dominant factor which drives the expansion of construction land.