Zhao, Changwen; Du, Jiang - In: The Chinese economy 40 (2007) 6, pp. 68-82
vector autoregression (VAR) approach developed by Toda and Phillips, we examine the causality between FDI and growth in China …Studies on how foreign direct investment (FDI) interacts with host economic growth are obviously important. Using the … error-correction analyses. The result reveals that the two-way causality between FDI and growth in China is not highly …