Hits:
Indexed by:会议论文
Date of Publication:2013-01-01
Included Journals:CPCI-SSH
Page Number:103-107
Key Words:FDI; Economic growth; Co-integration; Granger causality test
Abstract:According to the economic data during 1984 to 2009, established economic model of co-integration and error correction model between FDI and Zhejiang GDP by the ADF unit root test and co-integration; Granger Causality test showed that there exists a long-term stable relationship between Zhejiang's economic growth and FDI; FDI contributed significantly to Zhejiang's economic growth.