Title :
Empirical Study on FDI, International Trade and Economic Growth in Chongqing Based on VAR
Author :
Jie Ji ; Yong Long
Author_Institution :
Coll. of Manage., Chongqing Technol. & Bus. Univ., Chongqing, China
Abstract :
Based on the Chongqing economic data from 1987 to 2008, this paper performs an empirical research according to VAR model and the results of vector error correction model (VECM), it draws a conclusion that there is a long-term equilibrium between the three variables, FDI and export have great impress on economics. The results also reveal that Chongqing is an export-led growth district and export is a causality to import there is a bi-directional causality between FDI and export.
Keywords :
international trade; investment; Chongqing economic data; FDI; VAR model; VCEM; economic growth; empirical research; export; export-led growth district; foreign direct investment; international trade; vector autoregression model; vector error correction model; Biological system modeling; Economic indicators; Error correction; International trade; Investments; Mathematical model; Chongqing; Economic growth; Vector error correction model (VECM);
Conference_Titel :
E-Business and E-Government (ICEE), 2010 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-0-7695-3997-3
DOI :
10.1109/ICEE.2010.291
