The Grey Correlation Analysis of the Relationship between the Regional Institution Innovation and Economic Growth ——Taking Pudong New Area of Shanghai Comprehensive Matching Reform Pilot Area as an Example
The Grey Correlation Analysis of the Relationship between the Regional Institution Innovation and Economic Growth ——Taking Pudong New Area of Shanghai Comprehensive Matching Reform Pilot Area as an Example
FAN Xiao-li1, HAO Da-jiang2
1.Institute of Economics,Nankai University,Tianjin 300071,China;2.School of Economics Haerbin Commercial University Haerbin 150028,China
Abstract This paper studies the relevance of institution innovation and economic growth of Pudong New Area of Shanghai Synthetically Reform Testing District by using the grey correlation model. Results show that the institution innovation plays a positive role in economic growth,with four important performances such as the liquidity of labour market,the denationalization rate of property rights,the economic opening degree and the marketization rate of capital. The four important performance plays different influence on economic growth. Therefore the institution reform is vital to promote regional economic development from the perfect flow mechanism of talent market,the optimization structure of state-owned economy,the selection of economic open mode and the guidance and supervision of government in the use of funds.
FAN Xiao-Chi,HAO Da-Jiang. The Grey Correlation Analysis of the Relationship between the Regional Institution Innovation and Economic Growth ——Taking Pudong New Area of Shanghai Comprehensive Matching Reform Pilot Area as an Example . Economic Survey, 2013, 1(3): 07.
2013, Vol. 1 
