Empirical Analysis of FDI’s Industrial Upgrade Effect

发布者: 傅丽芬     发布时间: 12/2/2010    共浏览 2721 次

Using references to industrial economics research, the paper explores the influence of FDI on the mechanism of industrial structural evolution. Based upon the data over the period of 1979 to 2006 , we simply calculate Fujian’s industrial structural alteration and upgrading. Then we set up the cointegration, Granger causality test and impulse responses to discuss the long-term equilibrium relationship between FDI and some factors that influence the industry structural evolution i.e economic growth, domestic investment and the technology progress. It is generally believed that FDI is a crucial factor in the process of industrial evolution and optimization in Fujian.
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