• DocumentCode
    2133769
  • Title

    Positive analysis on the impact of foreign direct investment in services in China

  • Author

    Yan, Zhuang ; Xiangbin, Liu

  • Author_Institution
    School of Finance, Harbin University of Commerce, Heilongjiang Province, China
  • fYear
    2010
  • fDate
    4-6 Dec. 2010
  • Firstpage
    2970
  • Lastpage
    2973
  • Abstract
    In recent years, foreign direct investment has become a global trend toward service industry. This paper demonstrates the impact of FDI in Chinese service sector. The results show that the amount of foreign direct investment in services is in the increasing volatile growth from 1998 to 2009. But there are a smaller contribution degree and contribution rate and a lower elasticity of FDI in service industry to the total FDI. Cointegration results show that there is a long-term stable equilibrium relationship between FDI in service industry and overall growth of services??and FDI can contribute to the overall growth of service industry in China. However ?? it is not significant correlation relationship between FDI level and service industry value added, which only show the added value of the service industry is the Granger cause of FDI in services, there is no Granger causality in the opposite direction.
  • Keywords
    Correlation; Economics; Elasticity; Equations; Industries; Investments; Mathematical model; Cointegration; Foreign Direct Investment; Granger causality; Service industry;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Science and Engineering (ICISE), 2010 2nd International Conference on
  • Conference_Location
    Hangzhou, China
  • Print_ISBN
    978-1-4244-7616-9
  • Type

    conf

  • DOI
    10.1109/ICISE.2010.5690632
  • Filename
    5690632