An empirical investigation of the causal relationship between openness and economic growth in China

被引:52
作者
Liu, XM [1 ]
Song, HY
Romilly, P
机构
[1] Aston Univ, Aston Business Sch, Strateg Management Grp, Birmingham B4 7ET, W Midlands, England
[2] Univ Surrey, Dept Management Studies, Guildford GU2 5XH, Surrey, England
关键词
D O I
10.1080/00036849700000043
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study investigates the causal relationship between openness and economic growth in China. The integration and cointegration properties of the data are analysed and the models of Granger, Sims, Geweke and Hsiao are used to identify a bi-directional causal relationship between GNP and exports plus imports. This bi-directional causation is consistent with China's development strategy of protected export promotion.
引用
收藏
页码:1679 / 1686
页数:8
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