Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)

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Analysis of the Dynamic Relationship Between Foreign Trade and Technological Innovation Based on VAR Model

Authors
Xianke Li1, Chongyan Li2, *
1Faculty of Humanities and Social Sciences, Macao Polytechnic University, Macau, China
2Faculty of Economics and Management, Guangzhou College of Applied Science and Technology, Guangzhou, China
*Corresponding author. Email: blichongyan123@163.com
Corresponding Author
Chongyan Li
Available Online 10 August 2023.
DOI
10.2991/978-94-6463-198-2_39How to use a DOI?
Keywords
foreign trade; technological innovation; dynamic relationship; entropy weight method; VAR model
Abstract

Since the reform and opening up, foreign trade has played a significant role in China's economic growth. Based on the relevant data of China from 1995 to 2019, this paper systematically analyses the dynamic relationship between foreign trade and technological innovation by using the vector auto regression model (VAR). The results show that technological progress can significantly promote the export of high-tech products, and high-tech product exports also have a positive impact on technological progress; Technological progress also has a significant role in promoting the export of low technology products. Obviously, the superposition effect of technological progress in different periods will have a profound positive effect on the growth of foreign trade; The impact of foreign trade growth on technology input and output is short-term, weak and unsustainable.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)
Series
Atlantis Highlights in Computer Sciences
Publication Date
10 August 2023
ISBN
10.2991/978-94-6463-198-2_39
ISSN
2589-4900
DOI
10.2991/978-94-6463-198-2_39How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Xianke Li
AU  - Chongyan Li
PY  - 2023
DA  - 2023/08/10
TI  - Analysis of the Dynamic Relationship Between Foreign Trade and Technological Innovation Based on VAR Model
BT  - Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)
PB  - Atlantis Press
SP  - 380
EP  - 388
SN  - 2589-4900
UR  - https://doi.org/10.2991/978-94-6463-198-2_39
DO  - 10.2991/978-94-6463-198-2_39
ID  - Li2023
ER  -