The Empirical Research Of Foreign Direct Investment Effects On The Industrial Growth Of Jilin Province

The main reasons for the postwar world economics growth are the economic globalization,the international trade and the international investment as well as the development of technical transfer. As the fundamental mode of the international capital movement, the effect of foreign direct investment (Foreign Direct Investment) to the host country has been paid more and more attention by the domestic and foreign researchers. This article that unifies the method of the theoretical analysis and the real diagnosis research, studies the economic effects of foreign direct investment into the Ji Lin Province as well as the key aspects that influence the economic effect of the foreign direct investment.The introduction is introductory remarks, including research background and its significance, the connotation of foreign direct investment and the research technique and mentality of this article.The first part reviews the theories of domestic and foreign researches. First, it introduces the international direct investment theories that involve the host country's introduction of foreign direct investment, and then induces and compares the theories of the international capital movement and the foreign direct investment. Finally, it summarizes the mechanism of function conduction, which is the theory frame of this article.The second part forms the multivariate regression model that bases on the former theory frame. Many policies variables are concerned to explain the correlations of FDI and the economic growth. And it points out the various essential factors that affect the FDI effect to economical growth. Then, it offers the results of the roll examination by the different time compartment. Then, it uses the method of co-integration and Error Correction Model for the real diagnosis examination to time series of FDI and the industry economy, which gives the long-term stable relations and the undulation adjustment mechanism.The third part analyzes the view of above, and put forward some policy proposals.