文章基本信息

标题：Research on the Relationship between Sino-EU Trade and Economic Growth
本地全文：下载
作者：Yaqing Liu
期刊名称：SHS Web of Conferences
印刷版ISSN：2416-5182
电子版ISSN：2261-2424
出版年度：2017
卷号：39
页码：1-8
DOI：10.1051/shsconf/20173901016
语种：English
出版社：EDP Sciences
摘要：The dependence on foreign trade of China and European Union are both at a relatively high level, and the space for Sino-EU trade is still enormous. So, this paper adopts cointegration analysis and error correction model to study the relationship between Sino-EU trade and economic growth from a long-term and short-term perspective respectively. Cointegration analysis shows that: whether it is Sino-EU trade and China’s economic growth or Sino-EU trade and EU’s economic growth, there exists long-term cointegration relationship between them. Sino-EU trade plays a more important role in economic growth of China than its role in stimulating economic growth of European Union. Error correction model demonstrates that Sino-EU trade may deviate from its long-run equilibrium with economic growth in the short run.
关键词：research;relationship;trade;economic growth