The Empirical Research On Economic Openness Of Inner Mongolia And The Influence To Economic Gr-owth

After the reform and opening up, the relation between economic of our country andthis world is becoming more and more closely, because of the policy and geographicfactors, Inner Mongolia,a province belongs to the frontier area, the pace of economyopening has fallen behind the eastern coastal provinces. However, these years, relying onits resources and geographical advantages, the foreign trade of inner Mongolia has asustained growth. In these33years, foreign trade import and export volume are alsocontinued increasing, increased from26740000yuan in1978to75227080000yuan in2011, the port economy flourished, on the border line of more than4000kilometers,Inner Mongolia has opened19ports to the north of our country, accelerated the vibrantopening-up along the border. From Manchuria to Erenhot, and then to the QEH, fromeast to west, foreign trade and economic cooperation make the ever closed border townradiate vitality. Then, what is the condition of the Inner Mongolia economy opening nowcompare with other areas in our country? How the economic openness of Inner Mongoliainfluence its economy? Is there a long-term equilibrium relationship between them?In this paper, borrowing previous research results, and taking into account that whatwe measured is regional economic opening, the author designed eight indicators tomeasure the economic openness, we can group the indicators into two aspects, one is theexternal economic indicators: foreign trade dependence degree, foreign capitaldependence degree, foreign cooperation dependence degree, foreign enterpriseemployment contribution rate; another one is internal economic opening: domestic tradedependence degree, internal capital dependence degree, population migration rate, freightdensity, including four areas: trade, capital, population and cooperation. Then we rankedeconomic openness of all provinces with factor analysis, from the analysis results, wecan see: Inner Mongolia’s economic openness is still relatively low, the main reason ofInner Mongolia’s low economic openness is opening to the outside world. Afterunderstanding the situation of economy opening of Inner Mongolia, it is necessary tostudy on the relationship between economy opening-up and economic growth in InnerMongolia, we used the cointegration analysis to explore the relationship between them. Study found, among these indexes of Inner Mongolia’s economy opening, there is a long-term and stable relationship among foreign trade dependence degree, foreign capitaldependence degree, internal capital dependence degree, freight density and economicgrowth. The relationship of these four indexes between economic growth is positive,combined with the above research results, we can think that, although the level of InnerMongolia’s current economic openness is not high, but with the growth of economicopening, it will become an important part of economic stimulus in Inner Mongolia.Finally, according to the results of empirical research, some strategies are proposed toexpand economy opening and promote economic growth: taking advantage ofcomparative advantage, developing foreign trade and port economy; Accelerating theconstruction of infrastructure, improving the regional conditions; strengthen theeconomic cooperation on Inner Mongolia and other area especially developed regions;paying attention to attracting domestic capital; improving the level of economic benefitsto promote economic growth.