ationshipbetweenpricestabilityandeconomicgrowthandtargetselection1,therelationshipbetweeninflationandeconomicgrowthControllingpricestabilityandtomaintaineconomicgrowthsothatthemaingoalofChina'arypolicy,arypolicygoalsandpredictchangesinthefutureanothergoal,timelyfeedbackandthefluctuationoftheeconomicsituation.Graingercausalitytestandvectorerrorcorrection(VEC)modelareusedtoverifythedynamicrelationshipbetweenthetwoandtheeffectofthechangeofthetarget.(1)datasourcesandvariableselectionThispaperselectsquarterlydatafromthefirstquarterof2006tothefourthquarterof2013asasampleinterval,thedatafromtheRessetfinancialdatabaseandtheNationalBureauofstatistics.Inthispaper,weusetheCPIgrowthrateofinflation,GDPgrowthrateastheindexofeconomicgrowth,paredtotheaveragegrowthrateasthequarterCPIyear-on-yeargrowthrate.
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