THE EXPERIMENTAL RESEARCH OF RELATIONSHIP BETWEEN FOREIGN TRADE AND ECONOMY GROWTH IN HUNAN
以湖南为对象,用协整和格兰杰因果检验发现外贸与经济增长存在长期稳定关系,但进出口增长是经济增长的原因,反之则不成立。
The paper takes Hunan as the research object,and emphasizes on discussing the experimental research of relationship between foreign trade and economy growth in Hunan.The paper tests the relationship between foreign trade and economy growth in Hunan via the technique of cointegration test and Granger-causality.The paper concludes that there is long steady relationship between foreign trade and economy growth in Hunan,but there only is unilateralism causality between import and economy growth and between export and economy growth.That is to say,import and export growth are taken as the reason of economy growth;but economy growth is taken as the reason of import and export growth.