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Modeling Analysis of the Impact of Economic Growth Fluctuation on Enterprise Industrial Structure

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DOI: 10.23977/EMCG2020.030

Author(s)

Hong Yang

Corresponding Author

Hong Yang

ABSTRACT

At present, there is a lack of literature on the impact of economic growth fluctuations on the industrial structure of enterprises. Combined with the needs of national development strategy, this paper puts forward the modeling and analysis of the impact of economic growth fluctuations on the industrial structure of enterprises. Firstly, the influencing factors of economic growth fluctuation and industrial structure change of enterprises are determined, and the estimation methods are selected scientifically. According to the above-mentioned factors affecting the fluctuation of economic growth and the change of enterprise industrial structure, combined with Selkun and Chenery model, the influence of economic growth fluctuation on the industrial structure of enterprises is analyzed. The analysis results show that if the income elasticity of economic growth is positive, the proportion of corresponding industries will increase, otherwise, the proportion will decrease, so as to realize the impact of economic growth fluctuation on the industrial structure of enterprises Impact analysis. The empirical results show that the average income elasticity error of the model is 0.144,so it meets the needs of enterprises and national economic development, and it fully shows that the model is feasible.

KEYWORDS

Economic growth, economic fluctuation, enterprise industry, industrial structure, Impact model,

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