An Empirical Study of the Relationship between FDI and Economic Growth in Zhejiang

摘要

According to the economic data during 1984 to 2009,established economic model of co-integration and error correction model between FDI and Zhejiang GDP by the ADF unit root test and co-integration; Granger causality test showed that there exists a long-term stable relationship between Zhejiang’s economic growth and FDI; FDI contributed significantly to Zhejiang’s economic growth.