2007•Science-technology and ManagementRequires access

Analysis on co-integration and causality relationship between foreign trade and economic growth of Heilongjiang province

Changyuan Gao

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Abstract

Based on the data of Heilongjiang province from 1980 to 2004,the relationship between foreign trade and economic growth is analyzed by using unit root test,Co-integration theory and Granger test.The result indicates that there is a long-term equilibrium relationship between economic growth and import-export trade,but the causal relationship between them is not extraordinarily prominent only with the unilateral effect of import trade on economic growth.

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What this paper is about

Based on the data of Heilongjiang province from 1980 to 2004,the relationship between foreign trade and economic growth is analyzed by using unit root test,Co-integration theory and Granger test.The result indicates that there is a long-term equilibrium relationship between economic growth and import-export trade,but the causal relationship between them is not extraordinarily prominent only with the unilateral effect of import trade on economic growth.

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Available abstract

Based on the data of Heilongjiang province from 1980 to 2004,the relationship between foreign trade and economic growth is analyzed by using unit root test,Co-integration theory and Granger test.The result indicates that there is a long-term equilibrium relationship between economic growth and import-export trade,but the causal relationship between them is not extraordinarily prominent only with the unilateral effect of import trade on economic growth.

Key concepts: Granger causality, Unit root, Economics, Causality (physics), Unit root test, Economic integration, International economics, International trade

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Analysis on co-integration and causality relationship between foreign trade and economic growth of Heilongjiang province — Research Paper | ScholarLens