Dynamic Response Relationship between Urban Infrastructure and Economic Development——An Empirical Study of Jiaodong Economic Circle
Under the background that China vigorously promotes infrastructure construction to promote economic development,in order to better understand the dynamic relationship between urban infrastructure and economic development,the dynamic response relationship between urban infrastructure construction and economic development is analyzed through PAVR model based on the panel data of the five cities in the Jiaodong Economic Circle from 2010 to 2019.The research shows that:(1)Urban infrastructure has a long-term inhibitory effect on economic development,and the inhibitory effect is increasing year by year,since urban infrastructure has not yet reached the threshold of promoting economic development.(2)The effect of economic development on urban infrastructure is not significant,Urban infrastructure is significantly affected by itself and has strong internal driving force.
urban infrastructureeconomic developmentPVAR modelJiaodong Economic Circle