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The Empirical Study on Export Trade and Sustainable Growth of China Economy

Author: LinDan
Tutor: TongGuangRong
School: Wuhan University
Course: Quantitative Economics
Keywords: Export trade Human Capital Sustained economic growth Panel data model
CLC: F124
Type: Master's thesis
Year: 2005
Downloads: 422
Quote: 0
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Abstract


Foreign Trade and the effect on economic growth and the role of channels has always been controversial. In accordance with the effect of foreign trade on economic growth can be divided into trade optimism theory, theory of trade pessimism and trade neutralist theory; in accordance with the role of foreign trade channels, the main use of idle resources, and promote optimal allocation of resources, economies of scale, prompting institutional innovation, stimulate technological progress and the combination of human capital. This article focuses on selected export trade through the human capital channel to be explored, revealing both Can be combined with each other in order to promote sustained economic growth and the use of panel data econometric analysis method to study China's various provinces, municipalities and autonomous regions in 1995-2003 export trade, the relationship between human capital and economic growth. Firstly, in accordance with the role of trade channels of trade and economic growth theory is divided into six categories elaborate, focusing on human capital channels for the export trade an important role in the long-term sustainable growth of the economy, and further review of the relationship between trade and economic growth Empirical research progress. Then export trade of human capital as well as the overall economic development status and influencing factors were compared and analyzed, introduced export trade differences in scale, the main structure, the stock of human capital, the initial level, the growth rate and professional differences and gross domestic product (GDP) and per capita value of the degree of difference in the stock and growth, and the reasons for the formation of these differences analysis. To verify the effect of human capital endogenous promote economic growth, significantly better than the central and western regions in the more economically developed coastal areas of human capital externalities. On this basis, continue to trade promotion of human capital accumulation model test results show that the export trade in the eastern region can significantly promote the specialized human capital accumulation, and other regional trade only resulted in low levels of human capital accumulation. Introduction of human capital factors to establish empirical model of the various regions of China export trade to economic growth, and panel data to estimate the effect of China's export trade at this stage there is a critical role in promoting economic growth conclusions, only the economic development to a certain level after the spillover effect of the export trade to be able to show up, and the spillover effect significantly different in different regions of China. Spillover effect is obvious areas are often effective accumulation of human capital region, the spillover effect is not very satisfactory trade effects of regional human capital corresponding weak, to some extent explains the human capital approach of China's export trade is indeed able to promote sustained economic The growth of the channel, to ensure the smooth flow of this effect each link of the chain is an effective means to ensure sustained economic growth. Finally, the structure of China's export trade, the level of human capital is not high status and empirical analysis based on a number of policy recommendations.

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CLC: > Economic > The world economic profiles,economic history,economic geography > China's economy > Economic construction and development
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