Trade openness and economic growth quality of China: Empirical analysis using ARDL model

被引:163
|
作者
Kong, Qunxi [1 ]
Peng, Dan [1 ]
Ni, Yehui [1 ]
Jiang, Xinyue [1 ]
Wang, Ziqi [2 ]
机构
[1] Nanjing Univ Finance & Econ, Sch Ind Dev, Nanjing, Peoples R China
[2] Nanjing Univ, Sch Business, Nanjing, Peoples R China
基金
中国国家自然科学基金;
关键词
Trade openness; Exchange rate fluctuation; Economic growth quality; Regional heterogeneity; Non-linear relationship;
D O I
10.1016/j.frl.2020.101488
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This paper studies the influential relationship between Chinese opening up and economic growth quality in China under exchange rate fluctuation from 1994 to 2018. There is a long-term stable co-integration relationship between opening-up and the quality of economic growth. Trade openness can significantly promote the quality of economic growth in both the short and long term. When the short-term fluctuation deviated from the long-term equilibrium, the quality of economic growth can remain stable through automatic adjustment. The positive impact of trade openness on quality of economic growth had a significant regional heterogeneity and non-linear threshold characteristics.
引用
收藏
页数:9
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