Next Article in Journal / Special Issue
Impact of Fiscal Policy on Consumption and Labor Supply under a Time-Varying Structural VAR Model
Previous Article in Journal
Economic Reform, Labour Markets and Informal Sector Employment: Evidence from India
Previous Article in Special Issue
Macroeconomic Determinants of Islamic Banking Products in Indonesia
Open AccessArticle

Foreign Trade Structure, Opening Degree and Economic Growth in Western China

School of Economics and Management, Northwest University, Xi’an 710069, China
*
Authors to whom correspondence should be addressed.
Economies 2019, 7(2), 56; https://doi.org/10.3390/economies7020056
Received: 19 April 2019 / Revised: 8 June 2019 / Accepted: 12 June 2019 / Published: 17 June 2019
(This article belongs to the Special Issue Computational Macroeconomics)
This paper presents an interactive study on the relationship between the foreign trade structure, opening degree and economic growth of the provinces in western China (except Tibet). It shows that the export of primary products and labor-intensive products has a positive impact on the external development of the western region, while the export of capital and technology-intensive products has a smaller inhibitory effect on it. At the same time, the system GMM model shows that the opening degree of the western region has a positive effect on economic growth. After including the foreign trade structure interaction item, this result has not changed, and on the basis of opening up to the outside world, the export of labor-intensive products and capital-intensive products plays a significant role in promoting economic development. Therefore, this paper holds that the western region should optimize its foreign trade structure, continue to promote the construction of foreign trade demonstration, and give priority to the development of local characteristic industries to promote economic growth. View Full-Text
Keywords: foreign trade; opening degree; economic growth foreign trade; opening degree; economic growth
Show Figures

Figure 1

MDPI and ACS Style

Li, N.; Sun, L.; Luo, X.; Kang, R.; Jia, M. Foreign Trade Structure, Opening Degree and Economic Growth in Western China. Economies 2019, 7, 56.

Show more citation formats Show less citations formats
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Back to TopTop