2013•Journal of Jiangsu Vocational and Technical Institute of Economics and CommerceRequires access
The Relationship between Service Trade and Economic Growth of China
Ren Zhao-xin
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Abstract
As the engine of economic growth,the relationship between trade and economic growth has been a hot spot issue for years.In accordance with the theory of co-integration and Granger causes test,it's found that the relationship between trade and economic growth is unbalanced: China's services export-import is the Granger causality to economic growth,but the economic growth of China is only the Granger causality to China's services import.The economic growth of the whole world is the Granger causality to China's services export.That means,China's services export benefits from global economy growth.