Empirical analysis on the effect of foreign direct investment on the economic growth of Guangdong province

Autor:	Zhang Ming-Ru, Chang-Hsing Chang
Rok vydání:	2010
Předmět:	Error correction model Market economy Cointegration Granger causality Economics Monetary economics Foreign direct investment Time series
Zdroj:	Journal of Information and Optimization Sciences. 31:637-646
ISSN:	2169-0103 0252-2667
DOI:	10.1080/02522667.2010.10699985
Popis:	The paper studies the relation between FDI and economic growth of Guangdong Province by the time series data of the GDP and FDI of Guangdong Province from 1982 to 2006. Granger causality test shows that there exists a unilateral cause-and-effect relation both them. The co-integration test and error correction model shows that there is longterm dynamic equilibrium relationship both economic growth and FDI in Guangdong province. And Long-term study shows that economic growth and foreign direct investment are positively related.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::399b12fd47faedf18df7ce477601f387 https://doi.org/10.1080/02522667.2010.10699985 Zobrazit plný text záznamu