Empirical Analysis of Primary Industrial Structure Impact upon Economy in Jiang Xi Province

Based on VAR model, this paper utilizes the function of impulse response and variance decomposition to make a quantitative empirical analysis over the 30 years-revolutionary data in Jiang Xi province. It establishes the long term balanced relationship between primary industrial structure and economic growth. Furthermore, adjustment in primary industrial structure significantly enhances economy. Although there exists short term laps, reflection of economic growth towards adjustment of primary industrial structure proves to be sensitive.