外国直接投资与经济增长关系的协整性分析

The Cointegration Analysis of the Relationship between FDI and Economic Development

根据协整理论,利用中国1982—2003年的年度经济数据对中国对外投资和经济增长之间的关系进行了实证分析。实证分析的结果表明,中国的经济增长和对外投资之间存在着因果关系:他国对中国投资的增加促进了中国经济的增长,中国经济的增长又促使了中国对外投资的增加。

According to the cointegration theories, this paper uses the data from 1982 to 2003 to study the relationship between FDI and Economic development. And the result is that there is Granger causality between them：the input of FDI motivates the development of China, while the development of economy motivates the output of FDI too.