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《Journal of International Trade》 2007-10
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An Empirical Research on the Relationship among FDI,Foreign Trade and Economic Growth in Fu-jian Province

WU De-jin  
Fu-jian province has been leading China in the increasing rate and scale of foreign direct investment and foreign trade in recent years.The fast development of foreign direct investment and foreign trade in Fu-jian plays a very important role in promoting the economic growth.Based on the statistics of Fu-jian province in 1981-2006,by using the co-integration test and error correction model,this paper makes an empirical research on the relationship among foreign direct investment,foreign trade and economic growth in Fu-jian province.The result of which shows that:from the long-term perspective,there exists in Fu-jian province a long and equilibrium relationship among foreign direct investment,foreign trade and economic growth,and foreign direct investment,import and export trade obviously promote economic growth.From the short-term perspective,foreign direct investment and foreign trade deviate the long-term equilibrium of economic growth in Fu-jian province,and the error has been corrected rapidly.Finally,this paper puts forward some advices on the harmonious development of foreign direct investment,foreign trade and economic growth in Fu-jian province.
【CateGory Index】: F832.6;F224
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