A Research on GDP Growth, Industrial Goods Export and FDI in Industrial Sector in Shandong Province

DOI

10.2991/aebmr.k.201211.009How to use a DOI?

Keywords

Shandong GDP growth, industrial goods export, FDI in industrial sector, Granger Causality test

Abstract

This paper is to aim at analysing the relationship of Shandong GDP growth with industrial exports and FDI in industrial sector. Test results show that a 1 per cent increase in Shandong industrial goods export will lead to an increase in GDP growth by 0.84 per cent, and that a 1 per cent increase in FDI in industrial sector will lead to an increase in GDP growth by 0.13 per cent. Impulse responses function analysis shows that the response of GDP by impulse of Cholesky On 1 SD innovation of industrial goods export is much higher than that by FDI in industrial sector. The Granger Causality test results indicate that industrial goods export and FDI in industrial sector both help explain the GDP growth in Shandong province. So it is very important for government of Shandong to encourage the industrial goods export and attract the foreign direct investment in industrial sector to accelerate its GDP growth.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Bing Li
PY  - 2020
DA  - 2020/12/14
TI  - A Research on GDP Growth, Industrial Goods Export and FDI in Industrial Sector in Shandong Province
BT  - Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020)
PB  - Atlantis Press
SP  - 48
EP  - 51
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201211.009
DO  - 10.2991/aebmr.k.201211.009
ID  - Li2020
ER  -