Study on the Relationship of FDI and Processing Trade Value-added Rate -- Based on the Data from Shandong Province of China
- DOI
- 10.2991/hsmet-18.2018.138How to use a DOI?
- Keywords
- FDI , Processing Trade,Value-added Rate
- Abstract
Based on the data of Shandong province in china over the 1998-2017 periods, this paper examines the impacts of inward FDI from Japan, Korea and USA on the Processing Trade Value-added Rate (ADVA) respectively. The cointegration equation indicates Japanese and Korean direct investments in Shandong Province are positively correlated with ADVA, but American direct investment is negative. There is no evidence that the FDI from Japan, Korea and USA have effects on the processing trade value-added rate of Shandong province as they are not Granger causality of ADVA. The power to promote the transformation and upgrading of Shandong’s processing trade comes from inside instead of outside, and independent technology innovation is critical.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Hongxia Sui PY - 2018/06 DA - 2018/06 TI - Study on the Relationship of FDI and Processing Trade Value-added Rate -- Based on the Data from Shandong Province of China BT - Proceedings of the 2018 3rd International Conference on Humanities Science, Management and Education Technology (HSMET 2018) PB - Atlantis Press SP - 695 EP - 698 SN - 2352-5398 UR - https://doi.org/10.2991/hsmet-18.2018.138 DO - 10.2991/hsmet-18.2018.138 ID - Sui2018/06 ER -