Research On The Impact Of Guangxi Industrial Production Price Index Fluctuation On Economic Growth

Guangxi's economic development is affected by many factors,Guangxi industrial production price volatility is one of the important factors,and Guangxi industrial production price fluctuations show a certain regularity.Based on the basic phenomenon of China 's economic growth,this paper makes an empirical study on the problems of Guangxi industrial production price index fluctuation and economic growth.This paper studies the theory of statistics,economics and other disciplines,starting from the study of the law of industrial production price volatility,and then study the Guangxi industrial production price index on the economic growth between the internal mechanism,the mechanism of interaction for the Guangxi economic growth Provide new theoretical research.Guangxi industrial production price index to quantify the changes since 1991,at the same time of price fluctuation on Guangxi industrial production.This paper is based on the annual data of Guangxi industrial production price index from 1991 to 2015,statistical analysis through the establishment of ARMA model for the forecast of the Guangxi industrial production price index by Eviews9.0 software.Further volatility analysis with GARCH model,found that the risk response industrial production price index is relatively severe,and the reality of economic development basically.On the economy of Guangxi and Guangxi industrial production price index The number(GXPPI)to establish the dynamic relationship,found that Guangxi industrial production prices fell significantly impact on the economy of Guangxi is larger than Guangxi industrial production prices on Guangxi's economy.In order to fit the model better to carry on the analysis,the paper establishes the VAR model of Guangxi industrial production price index(GXPPI)and the Guangxi production the gross index of internal transmission mechanism was studied.In general,the fluctuation of industrial production price in Guangxi has brought about some influence on economic growth,and the mechanism and mechanism of industrial production price in different industries in Guangxi can be further studied.