Economic Significance of Inward FDI in China

摘要：

We use an unrestricted three variables VAR to investigate the nature of causality between the economic growth, FDI, and exports at the national level as well as three major economic regions. Our empirical results from variance decomposition and impulse response function indicate that inward FDI is attracted to China because of its market size and the expectation of its high income growth potentials.Our results, however, take a complete turnaround when VAR is applied to the regional economies. More especially, results show different causality patterns, namely, export is found to be the major driver for regional growth. This appears to be the case specifically for the East Region in China.

关键词： China FDI Growth

作者: Keivan DERAVI Yuexing LAN

作者单位: Department of Economics,Auburn University-Montgomery,AL USA 36117

会议类型: 国际会议

会议名称: The 5th International Annual Conference on WTO and Financial Engineering(第五届WTO与金融工程国际会议)

会议地点: 杭州

会议语种:英文

页码: 926-930

在线出版日期: 2008-05-18（万方平台首次上网日期，不代表论文的发表时间）