An Empirical Study On The Relationship Between Economic Openness And Economic Growth In China

Since the Reform and Opening up,China has gotten out of their own international road,in the economic globalization today,into the wave of the world economy in order to make the economy more healthy development,as the current global economic scale second only to the US economy China's economic development momentum is good,the economy is running smoothly.Has been inseparable from the development of the world economy.This takes into account the study of China's economic openness.Economic openness is a reflection of a country or a region of foreign economic openness,manifested in various fields of foreign economy,is a measure of a country's economic opening degree of comprehensive quantitative indicators.Embodied in a country and the rest of the world in the economic level of foreign dependence and dependence on the international market.Research on the essence of China 's economic openness is an exploration of the degree of China' s economic globalization.As well as to explore China's role in economic globalization,the status of expression and the wave of globalization in the world economy on China's economy.On the issue of economic openness has always been a scholar on the depth of the analysis,economic openness of the study is a very complex subject,each theory has its own theoretical basis for analysis.This paper,based on the related research on economic openness,adopts the degree of openness of trade,the degree of openness of foreign cooperation,the degree of openness of investment,the degree of financial openness,the degree of openness of production,the actual tariff rate and the degree of openness of service as the index system for the construction of China's comprehensive economic openness,The use of seven indicators of China's comprehensive economic openness to make estimates,and then with the economic growth of long-term equilibrium to explore the relationship between China's economic openness and economic growth,and EG co-integration test,and then establish a short-term dynamic adjustment of the relationship between the error Revised model,and finally Granger causality test,showing that China's comprehensive economic openness is the economic growth of Granger reasons,the causal relationship between the two is one-way transmission,which shows that China's further enhance the level of globalization,Increase the intensity of opening up to China is the contribution of economic growth.This paper also compares the economic openness of the eastern,central and western regions of China,and compares it with the national level.It points out the gap between the regional and the national level,and makes a horizontal comparison between the regions inorder to find out the different regions The level of the different reasons.To find out the reasons why China's economy has different levels of openness in various regions and give policy recommendations.In view of the fact that financial openness,openness of service and foreign cooperation are the data indicators at the national level.When the degree of openness of regional economy is measured To abandon its three indicators,the choice of trade openness,investment openness,production openness,the actual tariff rate of four indicators to calculate,and reflects the regional economic openness on the regional economy,to make a substantive study.