Proceedings of the 2024 2th International Conference on Economic Management, Financial Innovation and Public Service (EMFIPS 2024)

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Empirical Research on the Relationship between Urbanization and The Development of Tertiary Industry in China

Authors
Boyan Zhang1, *
1Faculty of Science, Hebei University of Technology, Tianjin, 300401, China
*Corresponding author. Email: Hebuter_190114@163.com
Corresponding Author
Boyan Zhang
Available Online 7 May 2025.
DOI
10.2991/978-94-6463-706-9_3How to use a DOI?
Keywords
Urbanization; The tertiary industry; EG two-step method; Granger causality
Abstract

To foster the advancement of China’s urbanization and the tertiary industry, and provide scientific guides for government decision-making, the paper selects China’s time-series data from 1978 to 2019 to empirically analyze the interaction between the urbanization rate and the contribution rate of the tertiary industry, between that and the employment proportion of the tertiary industry through the cointegration relationship test and the Granger causality test. The results show that (1) they have a stable equilibrium relationship over the long term; (2) urbanization is the Granger cause of the contribution rate of the tertiary industry and the employment proportion of the tertiary industry. To be specific, the impact of urbanization on the contribution rate of the tertiary industry can be immediately revealed, while the effect on the employment of the tertiary industry is lagging behind; (3) the contribution rate of the tertiary industry and the employment of the tertiary industry is not the Granger cause of the urbanization rate, indicating that during the growth of urbanization, the effect of the tertiary industry is not prominent.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2024 2th International Conference on Economic Management, Financial Innovation and Public Service (EMFIPS 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
7 May 2025
ISBN
978-94-6463-706-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-706-9_3How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Boyan Zhang
PY  - 2025
DA  - 2025/05/07
TI  - Empirical Research on the Relationship between Urbanization and The Development of Tertiary Industry in China
BT  - Proceedings of the 2024 2th International Conference on Economic Management, Financial Innovation and Public Service (EMFIPS 2024)
PB  - Atlantis Press
SP  - 12
EP  - 27
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-706-9_3
DO  - 10.2991/978-94-6463-706-9_3
ID  - Zhang2025
ER  -