The Impact of Economic Openness on Economic Growth——Based on empirical data from 1983-2012 in Fujian
OU Qif
Abstract
OU Qif
Abstract
The current opening up promoting reform has opened the prelude. Further economic opening and economic growth will be deepened, and economic opening has a great influence on economic growth. On the basis of the relevant data and the index of social economy in recent 30 years in Fujian Province, this paper studied the Fujian province economic opening degree, and did empirical analysis of the impact on economic growth through the Eview 6.0 software. The results show that the higher degree of economic openness is, the faster economic growth will be. And then, some suggestions will be put forward based on the results.
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The current opening up promoting reform has opened the prelude. Further economic opening and economic growth will be deepened, and economic opening has a great influence on economic growth. On the basis of the relevant data and the index of social economy in recent 30 years in Fujian Province, this paper studied the Fujian province economic opening degree, and did empirical analysis of the impact on economic growth through the Eview 6.0 software. The results show that the higher degree of economic openness is, the faster economic growth will be. And then, some suggestions will be put forward based on the results.
Key concepts: Openness to experience, Economics, Index (typography), Economic data, Economic expansion, Economic reform, Economic system, Development economics