Research on the Relationship between Chinese Express Delivery Industry and Economic Development Based on PVAR Model

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