Empirical Research on the Influence of FDI on China's Economic Growth
Tang Jun-bo
Abstract
Tang Jun-bo
Abstract
Many literatures on FDI and economic growth draw similar conclusion that the influence of FDI on the economic growth of a country has both short-term effect such as pushing forward effect,i.e.export growth and employment opportunity increase and long-term effect such as technique spillover,capital accumulation and institutional evolution and so on.Many articles on the relationship between China's economic growth and FDI under the background of European debt crisis have different conclusions because of the difference in using data.This paper selects the data during 1983-2011 to make empirical analysis of the relationship between China's economic growth and FDI under the background of European debt crisis and then obtains the two effects mentioned above.
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Many literatures on FDI and economic growth draw similar conclusion that the influence of FDI on the economic growth of a country has both short-term effect such as pushing forward effect,i.e.export growth and employment opportunity increase and long-term effect such as technique spillover,capital accumulation and institutional evolution and so on.Many articles on the relationship between China's economic growth and FDI under the background of European debt crisis have different conclusions because of the difference in using data.This paper selects the data during 1983-2011 to make empirical analysis of the relationship between China's economic growth and FDI under the background of European debt crisis and then obtains the two effects mentioned above.
Key concepts: Foreign direct investment, China, Economics, Spillover effect, International economics, Debt, Empirical research, Monetary economics