Empirical Study On Potential Economic Growth Rate Of Heilongjiang Province Based On HP Filtering Method

Since the 2008 financial crisis,China's economic growth continues to decline,the rapid growth of miracle gradually disappear,the overall operation of the economic downward trend in recent years,since the Internet plus popular,the national economy and the emergence of new changes,however,is not very obvious in Heilongjiang Province,Heilongjiang province's economic growth in the national ranking is low,economic the future growth of it in what will be the focus of our attention.In Heilongjiang Province,the potential economic growth rate and the level of potential output estimates,it will very important for problem analysis.This paper is divided into four parts: The first part mainly introduces the domestic research on the potential economic growth rate and the foreign research on the potential economic growth rate,and to compare and analyze the advantages and disadvantages of different measuring methods,including HP filtering method(elimination).Besides the trend method,Phillips curve method and production function method.Then the suitable research method is HP filter method;The second part summarizes the theoretical basis of the potential economic growth rate.And the characteristics of Heilongjiang Province's economic development,including the industrial structure,per capita disposable income and fixed assets investment and so on,compared and analyzed the overall development characteristics of Heilongjiang Province;The third part of this paper is mainly to measure the level of potential economic growth rate in Heilongjiang Province.The potential economic growth rate of Heilongjiang Province and the potential economic growth rate of Heilongjiang Province are calculated by using HP filter method.Output level.Then according to the different indicators mentioned in the previous chapter,For example,industrial structure,per capita disposable income and fixed assets investment and so on,to analyze the relationship between these different indicators and the potential economic growth rate of Heilongjiang Province.Finally,Some policy suggestions are put forward to promote the release of potential economic growth rate in Heilongjiang Province.Based on the difference between actual economic growth rate and potential economic growth rate in Heilongjiang Province The reasons are as follows: some policy suggestions are put forward to improve the economic situation of Heilongjiang Province,including the transformation from industrial diversification to industrial upgrading.Give some policy recommendations to promote the reform of the income distribution system and so on.