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外文翻译--加工贸易与经济增长:基于中国的实证分析精选
外文翻译--加工贸易与经济增长:基于中国的实证分析
and Vale Management
作 者 Xi-jun Wang
AbstractPresently processing trade has become Chinas major trade method.In order to make clear the relationship between processing trade and Chinas economic growth this paperbased on Chinas statistical data from 1985 to 2007by employing co-integration theory Granger causality test and error correction model ECM respectively investigates the relationship between processing trade import processing trade export and economic growth.The empirical result denotes that there exists unilateral Granger causality relationship between processing trade import and economic growth.Processing trade import influences the growth of GDP For a short period processing trade import and processing trade export both spur the growth of GDP but the impact is comparatively lowfor a long period processing trade import remarkably promotes the growth of GDP while processing trade export restricts the growth of GDP.
1 Introduction
Since the reform and open poficy Chinas foreign trade has been developing rapidly At preseng foreign tradeinvestment and consumption have beenthe three carriagesdriving the growth of Chinas economy On the basis of developing the general tradeour country actively implements the policy of encouraging the development of processing trade so as to make it realize the breakthrough development Presentlyprocessing trade has become Chinas major trade methodplaying an extremely important role in impulsing the adjustment and perfection of the industry structurespurring the improvement of the processing technique and the increasing the opportunity of labor employment.Thereby how to measure processing trades contribution to Chinas economic growth from an objective perspective becomes a very important problem.Since the position of the processing trade in developed countries is not remarkablethus abroad there are few researches on the relationsh
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