Quantitative Analysis of Contribution of Industrial Structure to Economic Growth in Jiangsu Province

Zhi-guo Zhu, Chang-liang Shi, Guan-kun Zhang, Yang-shuo Pei and Da-hong Zhang

Asian Agricultural Research, 2011, vol. 03, issue 07, 4

Abstract: The industrial structure in Jiangsu Province realizes the transformation from ' secondary industry-primary industry-tertiary industry to " tertiary industry-secondary industry-primary industry. However, the effectiveness of this model of industry-dominate industrial structure and the role of industrial structure pattern in promoting regional economic growth are yet to be researched. By using shift-share analysis method, we judge the importance of factors of industrial structure in regional economic growth of Jiangsu Province, and point out that factors of industrial structure are not the dominant forces in economic growth of Jiangsu Province; among the contributions of three industries to economic growth of Jiangsu Province, the contribution of the primary industry is greatest, followed by the contribution of secondary industry and the contribution of tertiary industry successively; real estate industry makes the greatest contribution to economic growth of Jiangsu Province; financial industry and construction industry make relatively small contributions; the potential of industry needs to be further developed. In the process of economic development of Jiangsu Province, the industrial structure is yet to be further optimized so as to give play to the role of industry in promoting the development of Jiangsu province.

Keywords: Agribusiness (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ags:asagre:119690

DOI: 10.22004/ag.econ.119690

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