The Study Of The Stimulative Effect Of Trade Openness And Financial Openness On Economic Growth

World trade openness and financial openness in the context of economic globalization is increasingly attracting attention, the economic growth and development are still the focus of discussions in the world. From the background of trade openness, financial openness and global economic growth, the article discusses the relationship of there mentioned above, focusing on the effect on economic growth in the schedule of new economic growth theory.For trade openness and economic growth, the scale effect of trade openness on economic growth is the role of visual expression through expanded markets and lower average cost of two ways to play a role; In the context of trade openness, factor accumulation and the distribution of resources have effect on economic growth through profitability, wages, and other intermediary ; in the same way, trade openness effects the economic growth through the accumulation of human capital, the institutional creation and the reducing of exchange cost. The effect of financial openness on the economic has a visual expression of financial institutions and function, and in static state, the effect can be showed in this way: to improve the gross output by improving the effective and efficiency of investment; to reduce the R&D cost to improve its efficiency, to have effect on economic growth by institution arrangement and the exchange cost reducing.On the base of new economic growth theory, we enlarge the production-quality model and put the financial openness and trade openness into our model, and then we classify the relationship between the openness and the economic growth. The model discussed three departments' under opening background balanced issues, thought that the trade openness to the economical system mainly has the level function, but the finance openness has the growth effect to the economical system through the way to enhance function independent innovation. The model has compared the financial openness and the trade openness under the different relational hypothesis the effect, thought under the single item function under the open environment the economy delivers with the growth level all receives limits, but under back coupling condition delivering must be good with the growth to former.Carry on the empirical analysis based on our country actual situation and the macroscopic data, discuss the stimulative effect of trade openness and financial...