文章基本信息

标题：Empirical Study on the Relationship between FDI and Economic Growth in Shanghai
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作者：Zhen Yu ; Hong-jiang Li
期刊名称：Advances in Applied Economics and Finance
印刷版ISSN：2167-6348
出版年度：2012
卷号：1
期号：3
页码：174-181
语种：English
出版社：World Science Publisher
摘要：The study analyzes the relationship between FDI and economic growth based on the data of GDP and actual absorption of FDI in Shanghai from 1981 to 2011. The cointegration analysis on them indicates that FDI and economic growth indeed has a long-term and stable equilibrium relationship. The Granger causality test further suggests that real value of actual absorption of FDI Granger-causes the real GDP, but actual absorption of FDI don’t Granger-cause real GDP. However, the error correction model built afterwards supports that the short–term changes of the real value of the actual absorption of FDI has almost no influence on the real GDP.
关键词：FDI;Economic growth;Cointegration analysis;Granger causality test;Error correction model