Study on Relationship Between Trade Development of Waigaoqiao Free Trade Zone and Economic Growth in Shanghai
Waigaoqiao Free Trade Zone (WGQ FTZ) is taken as an empirical object to analyze the relationship between trade development of FTZ and local economy growth. Firstly, Granger causality test is carried out for qualitative analysis. The test results show that WGQ FTZs trade is the significant cause of GDP development in Shanghai, and moreover, WGQ FTZs trade can continually boost local GDP growth in 2 or 3 years. And then Stepwise regression is introduced to compare and quantitatively analyze the different effects on local economy development by trade volume inside and outside of WGQ FTZ, fixed assets investment and gross industry output value in Shanghai. The final regression model indicates that WGQ FTZs trade volume plays much greater role in local economy development than the trade volume outside of WGQ FTZ, and when WGQ FTZs trade volume is increased by 1 percentage point, Shanghais GDP will be increased by about 0.223 percentage points.
Free Trade Zone GDP Trade volume Granger Causality Test Stepwise Regression
SUN Hao
Department of Economics, Shanghai Customs College, P.R.China, 201204
国际会议
2010 International Conference on Management Science and Engineering(2010年管理科学与工程国际学术研讨会)
成都
英文
61-64
2010-11-01（万方平台首次上网日期，不代表论文的发表时间）