Empirical Analysis of the Effect of Foreign Direct Investment and Ezport Trade on the Economic Growth of Zhejiang Province
Based on the statistics of the actual foreign direct investment (FDI), export trade and regional gross national product of Zhejiang Province of 1986-2008, this paper carries on empirical analysis using cointegration test and error correction model. The results show that, in the long run, in Zhejiang Province, FDI and export has long equilibrium relations with the economic growth and FDI and export trade promote the economic growth obviously. In the short run, deviation happens between the FDI, export and economic growth, but the deviation error correction speed is fairly fast.
FDI Ezport Trade Error Correction Model
Mingru Zhang
School of Economics, Yangtze University, Jingzhou, Hubei Province, 434025, China
国际会议
The Ninth Wuhan International Conference on E-Business(第九届武汉电子商务国际会议)
武汉
英文
996-1000
2010-05-29(万方平台首次上网日期,不代表论文的发表时间)