Empirical Investigations Into The International Capital Mobility And Its Effects On The Growth Of China's Economy

The globalization of economy and the integration of international markets become the major character of the word economy development. The globalization of economy makes countries doing business all over the world, producing for world markets and allocating resources optimally. Its basic characters are trade liberalization, finance internationalization, allocation globalization, investment globalization and global produce integration. The globalization of economy impulse international division and specialized development in the round, which make countries development and intercourse more and more compact, improve peoples'welfare, drive world economy growth.The direction and degree of international capital flow play an important role in national economic running. How to estimate and test international capital mobility is very important. The reform and open especially the entry of WTO will definitely enhance the liquidity and influence the moving pattern of international capital flow in China. In the course of the globalization of economy it is very important problem to investigate into the international capital mobility and its effects on the growth of China's economy.Under the guidance of Marxist economy we utilize modern economy method and instrument to analyze the issue. In the theoretical analyze, under the global angle of view, we discuss and investigate the effect of international capital mobility on economic growth under the frame of neoclassical growth theory and the endogenetic growth theory. we adopt three method to measure and test the international capital mobility in China.The first chapter is an introduction to the research actuality and the correlative international capital theory, together with the economy growth theory as well. The basic concept is well defined. The contributions of the dissertation and the research method are presented.Chapter Two makes a historical analysis on the international capital flow theory. It take great emphasize on investigating modern international capital theory models.Chapter Three probe into the relationship between the international capital mobility and...