Empirical Research on FDI and Economic Development of Liaoning
|School||Dalian Jiaotong University|
|Keywords||FDI Industrial Structure Granger causality test|
In recent years, foreign direct investment theory as the deepening of foreign direct investment and economic development of the relationship between domestic and foreign academic researchers has become a hot issue. Reading literature through a lot since then found in Liaoning Province and foreign direct investment in the research article is not very comprehensive. In this paper, empirical analysis, the introduction of foreign direct investment in Liaoning Province and the economic development of the relationship between the quantitative analysis, industry structure and industry characteristics of an empirical analysis, and finally on the impact of foreign direct investment in the econometric analysis of the factors, further analysis of foreign direct investment in Liaoning Province and its relationship of each factor.This article is divided into five parts:The first part introduces the research background and significance, research ideas and research difficulties introduced, this chapter structure and innovation issues; The second part introduces the concept of foreign direct investment and the related theory; The third part describes the introduction of foreign direct investment in Liaoning Province, the basic profiles, and the introduction of foreign direct investment in the industry characteristics; The fourth part of the establishment of a simple economic model, using the time series stationary test, cointegration test, Granger causality tests, error correction model analysis, GDP and foreign direct investment on quantitative analysis; the introduction of the fifth part of Liaoning Province Analysis of Foreign Direct Investment to propose a solution.This paper uses a combination of quantitative and qualitative analysis, the combination of general and case study method to study FDI impact on the economy of Liaoning Province. Start with the overall economic development of Liaoning Province, to start, from the introduction of foreign direct investment and industry structure characteristics of the industry to analyze and judge, then FDI in Liaoning Province the main factors affect the average population of the province’s level of education, based on the pace of development of transport facilities and the province’s labor costs and the actual use of FDI to create a simple economic model, respectively, using a variety of quantitative analysis method. This is not only economic and social development in Liaoning Province has a direct significance, but also to some extent, to fill the foreign direct investment in Liaoning Province of a gap in this sense it is an innovation of this article.