AN EMPIRICAL RESEARCH ON THE EFFECT OF FDI ON ECONOMIC GROWTH IN SHANGHAI
基于1981-2006年上海数据,用ADF检验、格兰杰因果检验和多元回归模型,发现外商直接投资通过资本自身、资本附着和资本循环对上海经济增长有正向影响。
As for economic globalization,entry into WTO,and the status of national economic center,Shanghai has been the highland of inward FDI.This paper uses ADF test,Granger causality test and multivariable regression model to analyze the relation between FDI and economic growth in Shanghai,based on the data of Shanghai from 1981 to 2006.Our study finds FDI is the Granger reason of economic growth in Shanghai,and it has positive influence on Shanghai's economic growth by capital itself,capital's attachment and capital's circulation.