2009•Guoji jing-mao tansuoRequires access

Research on Economic Growth Effects of FDI in the Service Industry of the Pearl River Delta Based on Panel Data

Qin Long-yi

Abstract

The mainstream of global FDI flows has transferred from traditional markets to emerging markets since the newcentury. In recent years,the service industry of the Pearl River Delta has become more and more attractive to FDI as a result of the booming of energy industry. Through conducting a panel data analysis of the data from 2003 to 2008 related to the service industry of seven cities in the Pearl River Delta,the paper studies the major influencing factors for the development of its service industry and the effects of FDI on its economic growth.

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Key concepts: Panel data, Tertiary sector of the economy, Foreign direct investment, Delta, Mainstream, Business, Service (business), Economic geography