An empirical investigation of the causal relationship between openness and economic growth in China

Xiaming Liu, Haiyan Song, Peter Romilly

Research output: Journal article publicationJournal articleAcademic researchpeer-review

61 Citations (Scopus)

Abstract

This study investigates the causal relationship between openness and economic growth in China. The integration and cointegration properties of the data are analysed and the models of Granger, Sims, Geweke and Hsiao are used to identify a bi-directional causal relationship between GNP and exports plus imports. This bi-directional causation is consistent with China's development strategy of protected export promotion.
Original languageEnglish
Pages (from-to)1679-1686
Number of pages8
JournalApplied Economics
Volume29
Issue number12
DOIs
Publication statusPublished - 1 Jan 1997
Externally publishedYes

ASJC Scopus subject areas

  • Economics and Econometrics

Cite this