A VAR Model Analysis on China’s FDI, Ezport and Economic Growth under Energy Constraint
Since China’s reform and opening up, FDI and export have played important roles in promoting national economic growth. Nowadays, energy constraint is becoming more and more serious. In this paper, the Granger causality test shows FDI and export Granger cause GDP growth while energy Granger causes export and GDP growth too. There is a cointegration relation among FDI, export, energy and GDP. The impulse responses show that shock of FDI, export, and GDP will lead to improvement of the energy efficiency, while the shock of energy will have a negative effect on GDP in a long run. China should encourage FDI technology transfer and adjust export structure to reduce energy consumption in order to keep sustainable economic development.
VAR Model FDI Ezport Economic Growth Energy Constraint
LI Bing YI Shanshan
School of International Trade, Shandong Economic University, P.R.China, 250014
国际会议
2009 International Institute of Applied Statistics Studies(2009 国际应用统计学术研讨会)
青岛
英文
1-6
2009-07-25（万方平台首次上网日期，不代表论文的发表时间）