An empirical investigation of the causal relationship between openness and economic growth in China
- 1 December 1997
- journal article
- research article
- Published by Taylor & Francis in Applied Economics
- Vol. 29 (12) , 1679-1686
- https://doi.org/10.1080/00036849700000043
Abstract
This study investigates the causal relationship between openness and economic growth in China. The integration and cointegration properties of the data are analysed and the models of Granger, Sims, Geweke and Hsiao are used to identify a bi-directional causal relationship between GNP and exports plus imports. This bi-directional causation is consistent with China's development strategy of protected export promotionKeywords
This publication has 36 references indexed in Scilit:
- Money, output, price and causality in mainland ChinaApplied Economics Letters, 1996
- CAUSALITY BETWEEN PRODUCTIVITY AND EXPORTS IN AGRICULTURE: EVIDENCE FROM ASIA AND LATIN AMERICAJournal of Agricultural Economics, 1995
- Inward oriented and outward oriented trade strategiesThe Journal of Development Studies, 1991
- Exports and growth: A flawed frameworkThe Journal of Development Studies, 1990
- On Exports and Productivity: A Causal AnalysisThe Review of Economics and Statistics, 1989
- Co-Integration and Error Correction: Representation, Estimation, and TestingEconometrica, 1987
- Autoregressive modelling and money-income causality detectionJournal of Monetary Economics, 1981
- Autoregressive Modeling of Canadian Money and Income DataJournal of the American Statistical Association, 1979
- Investigating Causal Relations by Econometric Models and Cross-spectral MethodsEconometrica, 1969
- International Investment and International Trade in the Product CycleThe Quarterly Journal of Economics, 1966