摘要
基于中国26个省份的面板数据,使用面板协整技术研究了FDI和经济增长之间的双向联系以及不同的经济开放程度对FDI和经济增长之间相互关系的影响。研究发现FDI和经济增长之间存在长期的协整关系。对于相对封闭的经济体,长期因果关系主要是经济增长带动FDI的增长;对于相对开放的经济体,经济增长和FDI互为因果。短期和长期的双向因果关系表明了FDI可以引起经济增长的永久改变。
Using a panel cointegration technique, the article investigates the two--way link between FDI and growth for a panel of 26 provinces. In addition,it investigates the impact of liberalization on the dynamics of the FDI and GDP relationship. A long-run cointegration relationship is found between FDI and GDP after allowing for heterogeneous province effects. The cointegration vectors reveal a bidirectional causality between FDI and GDP for more open economics bodies. Regarding the short-run and long-run dynamics of FDI and growth,we find that the long-run causality mainly runs from growth to FDI in relatively closed economies. For relatively open economies, a richer dynamics emerges. FDI can lead to permanent changes in growth along the long-run path.
出处
《辽宁工程技术大学学报（社会科学版）》
2007年第2期142-144,共3页
Journal of Liaoning Technical University(Social Science Edition)
