TITLE:
A Research on Dynamic Relationship between OFDI and Industrial Structure Optimization—A Case Study of Guangdong Province
AUTHORS:
Ziqi Ye
KEYWORDS:
Industrial Structure Optimization, Outward Foreign Direct Investment (OFDI), VAR Model
JOURNAL NAME:
Modern Economy,
Vol.7 No.1,
January
25,
2016
ABSTRACT: Regarding the data from
2003 to 2013 of the typical opening city in Guangdong province, this paper is
going to use the VAR model to study the dynamic relationship between OFDI and
industry optimization. And we come to the conclusion that the industry structure
rationalization exerts a more significant auxo-action on OFDI than the latter
does on the former; however, there is no significant Granger relationship
between OFDI and industry structure advancement. According to above results,
this paper tries to give an economic explanation combining with current
situation of OFDI.