›› 2016, Vol. 28 ›› Issue (9): 250-259.

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An Empirical Analysisof Harbor on Hinterland Regional Based on VAR Model: A Case Study of Lianyungang Harbor

Yang Liuxing1, Tian Guiliang2, Wang Jue3   

  1. 1. School of Economics and Management, University of Chinese Academy of Sciences, Beijing 100190;
    2. School of Management, Hohai University, Nanjing 210098;
    3. Academy of Mathematics and Systems Science, Chinese Academy of Sciences, Beijing 100190
  • Received:2014-12-29 Online:2016-09-28 Published:2016-10-21

Abstract:

This paper makes an in-depth analysis of the direct, indirect and inducing effect that a harbor acts on the regional economy of its hinterland, and on this basis explores the effect of the regional industry cost saving, the effect of industrial clustering, the effect of industry synergy, and the inducing effect of related industries, with the harbor as a regional economic system variable to discuss the mechanism of how a harbor acts on the regional economy. Cargo throughput of Lianyungang Port and the GDP and number of jobs of its hinterland are chosen to establish vector autoregressive VAR (2) model for regression analysis, and causality of the two sets of variables is analyzed based on Granger test. The result shows that Lianyungang Port is still in its infancy development stage, without playing its full role in boosting the hinterland economy. At last, the policy recommendations are given for promoting the development of Lianyungang Port and its hinterland economy.

Key words: harbor, hinterland regional economy, mechanism of action, VAR, Granger test