A Empirical Study Of The Effect Of Macao-Mainland Trade And Economic Cooperation On Macao’s Economy

An increasingly along with the trend of economic globalization, regional economic cooperation between countries is more and more close, especially after entering the financial crisis, strengthen regional economic and trade cooperation has gradually become a regional economic revival and preempt the industrial commanding heights of economic development in the new period of important choice. One of the Macao special administrative region in China, the economic and trade cooperation with the mainland area is one of the important way of the economic development of Macao, Macao is the main power in the industrial structure adjustment, participate in market competition. In recent years, the investment spending growing in economic and trade cooperation, increasing output, improving economic and trade environment, cooperation and communication is becoming more and more closely with the mainland provinces and cities, economic and trade cooperation of Macao’s impact on the development of regional economy is becoming more and more significant. System based on this, this study analysis the economic and trade cooperation with the mainland has influence on regional economic development in Macao, and puts forward some operable countermeasures and Suggestions. The main content of this paper include:First, in combing the domestic and foreign scholars on the basis of the research on economic and trade cooperation, separately from the ministry of foreign trade, entry passengers, economic investment, financial services, and Macao guangdong cooperation five aspects to the current situation of the development of economic and trade cooperation between Macao and the mainland is analyzed, and summarizes a series of problems of both economic and trade cooperation, provide a basis for later study.Second, a convenience sample of1995-2011annual data, analysis of Macao and the mainland’s economic and trade cooperation effects on regional economic development in Macao. Using stationarity test, cointegration test, error correction model, multivariate linear regression analysis for mainland residents to Macao tourism consumption quota, mainland China to Macao finance investment, the mainland to Macao’s direct investment on the mainland and Macao project introduction of cumulative gross, Macao and mainland trade relationship of the total amount of empirical test. Results show that:(1) the mainland residents to Macao tourism consumption quota can effectively promote Macao project introduced the mainland accumulative total gross, coefficient is0.093,0.332;(2) the mainland investment in Macao finance of Macao introduce project gross cumulative growth on the mainland, Macao and mainland trade growth stimulating effect was not significant;(3) the mainland to Macao’s direct investment to Macao introduced project gross cumulative growth on the mainland, Macao and mainland trade growth is significantly, pull coefficient were0.207,0.3437, showed the mainland to Macao’s direct investment to promote the development of the Macao region economy.Again, select Australia regard as a case, the trade and economic cooperation of the economic and trade cooperation between both Macao in-depth analysis of the influence of regional economic development, summed up Australia guangdong economic and trade cooperation to promote Macao experience of regional economic development.Finally, from strengthening the guide and support of Macao and the mainland trade and economic cooperation, broaden the financing channels, improve the economic and trade cooperation environment, strengthen the cooperation between Macao and guangdong four aspects operable countermeasures and Suggestions are put forward.