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Causal links between foreign direct investment and trade in China

  • Xiaming Liu*
  • , Chengang Wang
  • , Yingqi Wei
  • *Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

This paper examines the causal relationship between foreign direct investment (FDI) and trade (exports and imports) in China. The empirical study is based on a panel of bilateral data for China and 19 home countries/regions over the period 1984-1998. Econometric techniques for panel data are applied to test unit roots and causality. The results indicate a virtuous procedure of development for China: the growth of China's imports causes the growth in inward FDI from a home country/region, which, in turn, causes the growth of exports from China to the home country/region. The growth of exports causes the growth of imports. The results have important policy implications.

Original languageEnglish
Pages (from-to)190-202
Number of pages13
JournalChina Economic Review
Volume12
Issue number2-3
DOIs
Publication statusPublished - Jun 2001

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 10 - Reduced Inequalities
    SDG 10 Reduced Inequalities

Keywords

  • Causal links
  • China
  • F14
  • F15
  • F21
  • F23
  • Foreign direct investment
  • International trade

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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