Relationships between economic growth, foreign direct investment and trade: evidence from China

被引:185
作者
Liu, XH [1 ]
Burridge, P
Sinclair, PJN
机构
[1] Univ Luton, Luton Business Sch, Dept Mkt & Int Business, Luton LU1 3JU, Beds, England
[2] City Univ London, Dept Econ, London, England
[3] Univ Birmingham, Dept Econ, Birmingham B15 2TT, W Midlands, England
关键词
D O I
10.1080/00036840110100835
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study investigates the causal links between trade, economic growth and inward foreign direct investment (FDI) in China at the aggregate level. The integration and cointegration properties of quarterly data are analysed. Long-run relationships between growth, exports, imports and FDI are identified in a cointegration framework, in which this paper finds bi-directional causality between economic growth, FDI and exports. Economic development, exports and FDI appear to be mutually reinforcing under the open-door policy.
引用
收藏
页码:1433 / 1440
页数:8
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