The Interaction Mechanism Research Between High-tech Industry And Economy Growth

This paper considers the relationship between high-tech industry and economic growth as perspective. Based on the theories of industry structure, policy, development theory and economy growth theory and so on, firstly, it analyze on the interactive mechanism of them theoretically qualitatively; Then it basing on the analysis of high-tech industry and macroeconomic development situation, considering national economy and high-tech industry statistical data ranging from1995to2010as well as2007input-output table as the main data, adopts the method of econometrics and industry economics to make an empirical analysis on the main aspects of interactive mechanism between them; The results indicate that the high-tech industry in our country is in the early growth stage, and highly depends on traditional industries and economic growth, doesn’t have significant driving effect on economic growth. The positive interactive relationship between on them has not yet formed. Finally, based on the international experiences about high technology industry and its industrialization development, this paper proposed the countermeasures and suggestions to promote the positive interaction of them.In this paper, the main research contents include five parts as follows:The first part is the theoretical overview. While combing and summarizing the theory of industry and economy growth, it focuses on the research in the meanings, characteristics and the relationships among high-tech industry, high and new technology industry as well as strategic new industries.The second part is the research for the interactive relationship between high-tech industry and economy growth.In theory and to this paper explores the common influence factors and the action mechanism among these factors.The third part is overview analysis of micro-economy and high-tech industry. First, adopts statistical description method to introduce the development overview of them. Second, illustrates the feasibility of high-tech industry based on SWOT method.The forth part is the empirical analysis on interactive relationship between high-tech industry and economy growth. First, adopts ADF test, Co-integration test, Spearman correlation analysis and Granger causality test to analyze the interactive relationship between them. Then, uses input-output method to draw up four department input-output table to analyze the industry association characteristics of high-tech industry, and test the association effect using Granger causality test.The fifth part is countermeasures and suggestions. The research conclusion shows that the correlation coefficient between the high-tech industry and economy growth is0.641829, which passed T test, but they don’t have a two-way causal relationship, the high-tech industry is not the cause of the economy growth; the main reason is that the upgrade effect of high-tech industry acting on traditional industry is not obvious. The relevance of high-tech industry shows that the degree of high-tech industry relying on traditional industry is1.510506947, however the dependence of traditional industry relying on high-tech industry and is lower, the gap is around0.5. Finally, based on the international experience, this paper proposed suggestions to promote the positive interaction between them from the five aspects of the definition index system of high-tech industry, investment and financing mechanism, traditional industries transformation, exchange and cooperation platform and system optimization.