摘要
选择中国和2011年新加入金砖国家行列的南非作为研究对象,就其经济增长与FDI的关系进行实证研究和比较。通过分析中国和南非自1980年以来FDI与经济增长的总体状况,为研究经济增长与FDI的关系建立经济增长模型,分别对指标变量进行平稳性、协整关系及格兰杰因果关系检验,得出中国和南非的FDI与经济增长之间均存在正相关关系,而且中国在短期和长期内经济增长都是FDI的格兰杰原因,南非在长期内经济增长是FDI的格兰杰原因。
This paper chooses China and South Africa which joined the BRIC countries in 2011 as the object to study on the relationship between its economic growth and FDI. Firstly, the paper analyzes the overall situation of the economic growth and FDI in China and South Africa since 1980. Secondly, to study on the relationship between economic growth and FDI, we need to construct an economic growth model, then test indicator variables' stability, cointegration relationship and Granger causality. According to these tests we can get three results that there is a positive correlation between economic growth and FDI in China ans South Africa, both in short and long term , economic growth is the Granger causality of FDI in China, but economic growth is the Granger causality of FDI only in long-term in South Africa. Finally, according to the basic situation of China' s foreign investment, the paper points out that China should continue to increase investment in South Africa in its fifth economic cycle.
出处
《贵州财经学院学报》
北大核心
2013年第2期106-111,共6页
Journal of Guizhou College of Finance and Economics