Empirical Research on the Effect of FDI on Economic Growth-Evidence from Shanghai

Author

Yu, Tao ; Wu Qiang ; Shen Li-zhen

Author_Institution

Dept. of Urban & Regional Planning, Nanjing Univ., Nanjing, China

fYear

2009

fDate

20-22 Sept. 2009

Firstpage

1

Lastpage

5

Abstract

Economic globalization, entry into WTO and the status of national economic center make Shanghai the highland for FDI in China. Based on time series data of Shanghai from 1981 to 2008, this paper carries out empirical research on relationship between FDI and economic growth in Shanghai by using ADF test, Granger causality test and multivariate regression model. The result shows that FDI is the Granger cause of economic growth in Shanghai. Meanwhile, in view of capital itself, capital attachment as well as capital circulation, the spillover effect of FDI is also very obvious, and in succession brings positive effect to economic growth of Shanghai.

Keywords

econometrics; globalisation; regression analysis; time series; FDI; Granger causality test; WTO; capital attachment; capital circulation; economic globalization; economic growth; multivariate regression model; spillover effect; time series; Contracts; Econometrics; Environmental economics; Fault detection; Globalization; Investments; Multivariate regression; Testing; USA Councils; Urban planning;

fLanguage

English

Publisher

ieee

Conference_Titel

Management and Service Science, 2009. MASS '09. International Conference on

Conference_Location

Wuhan

Print_ISBN

978-1-4244-4638-4

Electronic_ISBN

978-1-4244-4639-1

Type

conf

DOI

10.1109/ICMSS.2009.5304994

Filename

5304994