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Impact of Import Trade on Ecnomic Growth

Author: LinLiHua
Tutor: YaoLiMin
School: Zhejiang University of Technology
Course: International Trade
Keywords: Import trade Raw materials Intermediate goods Consumer goods Economic growth Mechanism of action
CLC: F124;F224
Type: Master's thesis
Year: 2012
Downloads: 57
Quote: 0
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30 years since the reform and opening up , with the deepening of the global economic integration , the import and export trade in the economic development of a country plays an increasingly important role . China's foreign trade imbalance is significant , frequent trade friction , low technical content , less trade interests increasingly significant . With the continuous growth of the import trade volume of imports as part of the trade , no longer simply be conclusive for the leakage amount of the national income . Promote the balance of China 's foreign trade structure , expand imports and reduce international pressure brought about by the continued growth of foreign exchange reserves . Imports more and more academic and political attention . Different trade goods imports on economic growth mechanism is different . China to optimize import structure , and actively expand domestic shortage of resources , imports of advanced technologies, key components and energy saving and environmental protection products , and a moderate expansion of imports of consumer goods , the distinction between imports of different commodities and industries , and an important role to play imports on the macroeconomic balance and structural adjustment , optimize the structure of the trade balance . This is also the object of this paper . I first analyzed from the the imports total trade and import trade commodity structure the course of development of China 's imports and Analysis , found that China 's imports and exports of the total overall growth trend was sustained , the basic structure of China's imports of commodities stable , the proportion of intermediate goods imports . Then I analyzed the import of raw materials , intermediate goods imports and imports of consumer goods on economic growth ways . The three categories of goods on the mechanism of action of the economic growth is not the same. Imports of raw materials mainly affect the economy by increasing the supply and the marginal effect of imports of intermediate goods, mainly through technology transfer and technology spillover impact on economic , consumer goods imports , mainly through the substitution effect , stimulating demand and other ways to affect the economy . Finally, the author, based on the above analysis , put forward several policy recommendations . I believe that China should optimize the import structure , the distinction between the import of different commodities and industry should actively expand domestic shortage of resources , advanced technology, key components , and the import of energy saving and environmental protection products , and a moderate expansion of imports of consumer goods .

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CLC: > Economic > Economic planning and management > Economic calculation, economic and mathematical methods > Economic and mathematical methods
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