The Analysis on the Influence of Water Conservancy Investment on Agricultural Economic Growth: An Empirical Study Based on the Boom Period of Shandong Agriculture

This paper uses econometric methods to carry out a Granger causality test on the construction of water conservancy infrastructure construction and agricultural economic growth in the boom period(1981- 2002) of Shandong agriculture. Empirical results indicate that there exists two-way Granger causality between Shandong water conservancy infrastructure construction and Shandong agricultural economic growth.Therefore,water conservancy infrastructure construction has a significant influence on agricultural economic growth in Shandong.