Empirical Analysis Of The Major Countries Of Asean On China's Export Trade And Its Economic Growth Relationship

Based upon the macro progresses of ASEAN main countries and its foreign trade with China, the paper analyses the relationship between export to China and economic growth in ASEAN by applying co-integration analytical tools and Granger causality-VAR model. The conclusion indicates that the relationship between ASEAN main countries and China is increasing close, and its exports to China really promote the ASEAN main countries' economic growth. Namely, empirical analysis of ASEAN main countries supports the hypothesis proposition of Export-Led Growth. Then, the author provides some measures to promote the bilabial trade.The main contains of this paper can be introduced briefly as follows:1. Introduction.During this part, this paper introduces the background of subject, research method and new point of this paper.2. Literature reviewIn this part, the author reviews the theory progresses on relationship between international trade and economic growth. And then, the author summarizes the empirical studies on this subject, and point out that there are many flows in their empirical studies.3. Macro introduction of the main countries of ASEANThe paper analyzes macro economic growth of the main countries of ASEAN and bilateral trade with China. The macroscopic analysis reveals, the economic growth is increasing steeply in the main countries of ASEAN, and the bilateral trade with China especially the export to China really spurs their economic growth.4. Empirical studiesFrom the angles of the whole and country, the author carries on empirical studies on relationship between economic growth and its export to China in the main countries of ASEAN. The conclusion indicates that its export to China really spurs the economic growth of the main countries (expect Singapore and Indonesia) of ASEAN.