Empirical analysis of relationship between Liaoning export and economic growth
Wang Hou-shuang
Abstract
Wang Hou-shuang
Abstract
In view of the relationship between export and economic development,based on Liaoning export and GDP data of 1985~2009,an empirical analysis was made by co-integration theory and Granger causality test.The result shows that there is a long stable balance and a mutual Granger causality between the export and economic growth of Liaoning province.Therefore,increasing export can promote economic growth of Liaoning.
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In view of the relationship between export and economic development,based on Liaoning export and GDP data of 1985~2009,an empirical analysis was made by co-integration theory and Granger causality test.The result shows that there is a long stable balance and a mutual Granger causality between the export and economic growth of Liaoning province.Therefore,increasing export can promote economic growth of Liaoning.
Key concepts: Granger causality, Economics, Causality (physics), Empirical research, Balance (ability), International economics, Econometrics, International trade