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An Empirical Analysis of the Impact of Foreign Trade on Economic Growth in Hubei Province : —based on logarithmic linear model

机译:对外贸易对湖北省经济增长影响的实证分析:基于对数线性模型

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Since the reform and opening up, the economy and foreign trade of China have developed rapidly. Meanwhile, the foreign trade development of Hubei province has also undergone a qualitative change. Based on the Hu-bei’s data from 1999 to 2018, firstly this paper discusses the background and significance of this research. In addition, it expounds the current situation of foreign trade and economic growth in Hubei Province in recent years. Then we make an empirical analysis of the effect of Hubei’s import and export on economic growth by using a logarithmic linear model to explain their relationships from a long-term and short-term perspective. The conclusions are as follows: the export and import trade of Hubei province promotes economic growth. In the long run, there exists a long-term and stable relationship among Hubei’s GDP growth, import and export. In the short run, the import stimulates the economic growth to a certain degree, and the effect of import on economic growth is weaker than export. Meanwhile, the corresponding suggestions are put forward on this basis.
机译:自改革开放以来,中国的经济和对外贸易迅速发展。同时,湖北省的外贸发展也经历了一个定性变化。基于1999年至2018年的Hu-Bei的数据,首先,本文讨论了这项研究的背景和意义。此外,它近年来阐述了湖北省对外贸易和经济增长的现状。然后我们通过使用对数线性模型来解释他们与长期和短期视角的关系来解释湖北进出口对经济增长影响的实证分析。结论如下:湖北省出口和进口贸易促进了经济增长。从长远来看,湖北的GDP增长,进出口存在长期稳定的关系。在短期内,进口刺激了经济增长到一定程度,进口经济增长的效果弱于出口。同时,相应的建议是在此基础上提出的。

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