Title :
Empirical Analysis of the Impact of FDI on China´s Balance of Payments
Author :
Yang Liuyong ; Zou Yanping
Author_Institution :
Dept. of Finance, Zhejiang Univ., Hangzhou
Abstract :
In the paper, we use the data of some variables affecting current account, capital and financial account from 1983 to 2005 to make positive analysis. We emphasized the Granger causality test and impulse response function to analyze the dynamic influence of FDI to balance of payments. The results suggest that FDI has a negative effect on current account and a positive affect on capital and financial account.
Keywords :
accounting; financial data processing; China balance of payments; Granger causality test; capital account; dynamic influence; empirical analysis; financial account; impulse response function; Asia; Econometrics; Economic indicators; Equations; Fault detection; Finance; Impulse testing; Investments; Paper technology; Regression analysis;
Conference_Titel :
Wireless Communications, Networking and Mobile Computing, 2007. WiCom 2007. International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-4244-1311-9
DOI :
10.1109/WICOM.2007.982
