A Study on the Relationship between Productive Services Trade and Goods Trade in Britain and Suggestions to China

DOI

10.2991/icemaess-18.2018.142How to use a DOI?

Keywords

Productive services trade; goods trade; relationship; impulse response analysis; variance decomposition

Abstract

With the Johansen co-integration test, Granger causality test, impulse response analysis and variance decomposition, this paper studies the dynamic relationship between productive services trade and goods trade in Britain. The results show that, the fluctuation of British goods trade volume is affected by its own impact factors and productive services trade, however, the fluctuation of British trade volume in productive services is mainly attributed to its own impact. Based on these, the important measures to promote the coordinated development of productive services trade and goods trade in UK are summarized, and corresponding proposals are put forward, combined with the actual situation in China.

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/).

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TY  - CONF
AU  - Bo Pang
AU  - Shuxiao Zhang
AU  - Pan Xiong
PY  - 2018/11
DA  - 2018/11
TI  - A Study on the Relationship between Productive Services Trade and Goods Trade in Britain and Suggestions to China
BT  - Proceedings of the 2018 5th International Conference on Education, Management, Arts, Economics and Social Science (ICEMAESS 2018)
PB  - Atlantis Press
SP  - 704
EP  - 712
SN  - 2352-5398
UR  - https://doi.org/10.2991/icemaess-18.2018.142
DO  - 10.2991/icemaess-18.2018.142
ID  - Pang2018/11
ER  -