Empirical Study on FDI and Economic Growth in Zhejiang

DOI

10.2991/icibet.2013.84How to use a DOI?

Abstract

Based on time series data from 1990 to 2010 of GDP per capita and the actual utilization of foreign investment of Zhejiang, as well as the method of Unit Root Test, Cointegration Test, Granger Causality Test and Error Correction Model, this essay makes an empirical analysis of the relationship between FDI and economic growth in Zhejiang. The result turns out that the actual utilization of foreign investment and the GDP per capita in Zhejiang have a steady equilibrium trend in the long run and a two-way causal relationship. Finally, this essay proposes a series of corresponding strategies.

Copyright

© 2013, 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  - Yu FANG
AU  - Xiaoqing FAN
PY  - 2013/03
DA  - 2013/03
TI  - Empirical Study on FDI and Economic Growth in Zhejiang
BT  - Proceedings of the 2013 International Conference on Information, Business and Education Technology (ICIBET 2013)
PB  - Atlantis Press
SP  - 385
EP  - 390
SN  - 1951-6851
UR  - https://doi.org/10.2991/icibet.2013.84
DO  - 10.2991/icibet.2013.84
ID  - FANG2013/03
ER  -