Processing Trade and Economic Growth: Evidence from China

摘要：

Presently, processing trade has become Chinas major trade method. In order to make clear the relationship between processing trade and Chinas economic growth, this paper, based on Chinas statistical data from 1985 to 2007, by employing co-integration theory, Granger causality test and error correction model (ECM), respectively investigates the relationship between processing trade import, processing trade export and economic growth. The empirical result denotes that there exists unilateral Granger causality relationship between processing trade import and economic growth. Processing trade import influences the growth of GDP. For a short period, processing trade import and processing trade export both spur the growth of GDP, but the impact is comparatively low; for a long period, processing trade import remarkably promotes the growth of GDP, while processing trade export restricts the growth of GDP.

关键词： Processing trade GDP Co-integration ECM Granger causality test

作者: Xi-jun WANG

作者单位: School of Economics & Management,Weifang University,Weifang,P.R.China,261061

会议类型: 国际会议

会议名称: The 2nd International Conference on Vale Engineering and Vale Management(2009)(2009年北京价值工程与价值管理国际会议)

会议地点: 北京

会议语种:英文

页码: 367-372

在线出版日期: 2009-10-16（万方平台首次上网日期，不代表论文的发表时间）