Based on
the panel vector autoregressive model (PVAR) and the panel data of China’s 31
provinces from 2010 to 2019, this paper conducts a quantitative analysis on the
dynamic balance relationship between China’s express business volume and
economic development status in recent 10 years. The results show that: Firstly,
there is a long-term equilibrium relationship between the development level of
express industry and the economic development level; Secondly, the relationship
between them presents regional heterogeneity (that is, the East, Centre and the
West show different characteristics); Finally, in the short term, the
development of express delivery industry and economic development can well
drive each other, but in the long term, this trend is not obvious, and the
economic impact of express delivery industry has a certain lag.
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