加工贸易与经济增长：基于中国的实证分析外文翻译（已处理）.docVIP

加工贸易与经济增长：基于中国的实证分析外文翻译 rade method.In order to make clear the relationship between processing trade and China’s economic growth, this paper,based on China’s statistical data from 1985 to 2007,by employing co-integration theory, Granger causality test and error correction modelECM,respectively investigates the relationship between processing trade import, processing trade export and economic growth.The empirical result denotes that there exists unilateral Granger causality relationship between processing trade import and economic growth.Processing trade import influences the growth of GDP. For a short period, processing trade import and processing trade export both spur the growth of GDP, but the impact is comparatively low;for a long period, processing trade import remarkably promotes the growth of GDP, while processing trade export restricts the growth of GDP. 1. Introduction Since the reform and open poficy, Chinas foreign trade has been developing rapidly. At preseng foreign trade,investment and consumption have been“the three carriages”driving the growth of China’s economy. On the basis of developing the general trade,our country actively implements the policy of encouraging the development of processing trade so as to make it realize the breakthrough development Presently,processing trade has become China’s major trade method,playing an extremely important role in impulsing the adjustment and perfection of the industry structure,spurring the improvement of the processing technique and the increasing the opportunity of labor employment.Thereby how to measure processing trade’s contribution to China’s economic growth from an objective perspective becomes a very important problem.Since the position of the processing trade in developed countries is not remarkable,thus abroad there are few researches on the relationship between processing trade and national economy.Since reform and opening,processing trade has been increasing swiftly in our country, and there is