Title :
An empirical analysis on the relationship between FDI and urbanization of Jiangsu Province
Author :
Cao Can-ming ; Duan Jin-jun
Author_Institution :
Appl. & Technol. Sch., Soochow Univ., Suzhou, China
Abstract :
In this paper, the author uses the modern econometric methods by panel unit root test, cointegration test and random effects models, and the data of FDI (2000-2011), urbanization rate, industrial structure and regional GDP of Nanjing, Xuzhou, Suzhou, Wuxi and other 13 cities of Jiangsu Province, researches the relationship between FDI and urbanization rate. Model shows, FDI was closely correlated with urbanization rate, the highly correlated with industrial structure, while it negatively correlated with the growth of GDP, and the degree of correlation is not high. The results shows the industrial structure and the urbanization rate is the main cause FDI growth.
Keywords :
international finance; investment; town and country planning; FDI; GDP; Jiangsu province; Nanjing; Suzhou; Wuxi; Xuzhou; econometric methods; foreign direct investment; random effects models; urbanization; Biological system modeling; Cities and towns; Data models; Economic indicators; Industries; Investment; FDI; industrial structure; urbanization; urbanization rate;
Conference_Titel :
Service Systems and Service Management (ICSSSM), 2014 11th International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-1-4799-3133-0
DOI :
10.1109/ICSSSM.2014.6874125