An empirical investigation of the causal relationship between openness and economic growth in China

This study investigates the causal relationship between openness and economic growth in China. The integration and cointegration properties of the data are analysed and the models of Granger, Sims, Geweke and Hsiao are used to identify a bi-directional causal relationship between GNP and exports plus imports. This bi-directional causation is consistent with China's development strategy of protected export promotion

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Year of publication:	1997
Authors:	Liu, Xiaming ; Song, Haiyan ; Romilly, Peter
Published in:	Applied Economics. - Taylor & Francis Journals, ISSN 0003-6846. - Vol. 29.1997, 12, p. 1679-1686
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005643913