By Yanqing Jiang
Trade and overseas direct funding (FDI) play a vital function in shaping China’s improvement suggestions. the improvement of China’s economic climate creates robust pressures for non-stop restructuring. China for this reason explores how alternate and FDI have an effect on China’s improvement suggestions in regards to the technique and trend of restructuring. The e-book goals to supply the reader with findings that shed new gentle at the similar matters and difficulties. the 1st bankruptcy introduces the subjects, and next chapters input into theoretical dialogue and empirical research of exchange, FDI, and improvement innovations, through a concluding ultimate chapter.
- based on a rigorous theoretical framework
- applies quite a few statistical and econometric methods
- uses wealthy and accomplished facts
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Extra resources for China : Trade, Foreign Direct Investment, and Development Strategies
Our regression results show that regional openness has a signiﬁcantly positive effect on regional TFP growth, and that there is evidence for conditional convergence in TFP across China’s regions. Key words: foreign trade, exports, imports, development, regional openness, total factor productivity. JEL classiﬁcation codes: F41; O11; O57. 1 Introduction China’s foreign trade has experienced spectacular expansion in line with the country’s dramatic economic growth and development. The causal linkages between foreign trade, economic growth, and development have long been a subject of great interest among academic researchers as well as government policy-makers.
2 The tradeoff between economic growth and income equality, however, is a longstanding world issue. Worldwide, the experience of the past century shows that policy-makers have struggled to cope with the challenge of bringing about economic growth that leads to balanced human development. Over the decades, two different approaches to addressing 29 China this challenge have been developed. One is the interventionist approach, which argues that social disparities will never disappear; rather, they will widen with economic development.
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