Analysis on How FDI Impact Productivity in China Manufacturing Sector based on Co-integration Test and ECM
Based on Chinese manufacturing-related data during 1980-2007, this paper firstly dose cointegration analysis and error correction model on the foreign direct investment (FDI) and labor productivity, then analyzes the effect of the FDI in raising labor productivity. The results show: there is a one-way causal relationship among FDI and labor productivity. The promotions of the FDI to labor productivity are positive whether from a long-term equilibrium or from the short-term fluctuations. Moreover, further accumulation of FDI plays a prominent role to improve labor productivity in the longterm.
FDI Labor Productivity Co-integration Analysis Error Correction Model
XIN Yongrong CHEN Qi XIAO Junzhe
NanJing University of Aeronautics and Astronautics Jiangsu, Nanjing, P.R.China, 210016 AnHui Univers NanJing University of Aeronautics and Astronautics Jiangsu, Nanjing, P.R.China, 210016 AnHui University of Finance and Economics Anhui, Bengbu, P.R.China, 230041
国际会议
2008年国际应用统计学术研讨会(2008 International Institute of Applied Statistics Studies)
烟台
英文
1-6
2008-08-14(万方平台首次上网日期,不代表论文的发表时间)