Openness Rate And Economic Growth

World economies have chosen to openness and integrated into the global economy in order to seek rapidly economic development. The specific circumstances of each economy vary widely, so the path of openness is also different. People enjoy all the benefits of openness, and, they should also be noted the risks of opening up, such as, in 2008 year, the U.S. subprime mortgage crisis hitting the global economy. Which road of openness may achieve maximum yield and minimum risk between return and risk? The key to solving these problems should grasp the true level of openness in economies, the rate of openness is an important comprehensive index that which describes the degree of openness and the level of openness. Openness includes the many indicators of economic , so openness should be tailored to measure. For measurement the rate of openness, we should selection the main indicators based on the actual situation of the object but not be generalized. It is for this, the paper selected mid-scale economy---the city of Chongqing--- as the research object, screened 11 representative secondary indicators, by factor analysis condensed into the three-level indicators of international trade openness, international capital openness and international tourism Openness & cooperation to measure the degree of Chongqing'openness by data of 1985-2009 years ,and tried to explain the role of openness in Chongqing economy.This form of paper is the theory and empirical study to the relationship of openness and economic growth in Chongqing. After review of the literature ,we highlighted the establishment of openness index and the method of measuring the degree of openness ,on this basis ,calculated the rate of Chongqing'openness . The rate of Chongqing'openness is the low level and the short board in Chongqing'economy, must be greatly improved. Empirical study is base on the derivation of economic growth model, empirical process is total - points - total .The first ,we analyze the relation between rate of openness and economic growth in Chongqing by dynamic model of ADL ,then OLS the three paths of international trade, international capital and international tourism & co-regression analysis , finally analyze the above three paths between the interaction and impact on the economy by the dynamic model of VEC. The conclusion is that domestic factors is major role to promote economic growth, expanding openness is conducive to economic growth of Chongqing, capital deepening is for economic growth,but the international trade is negative effect on economic growth of Chongqing in the long term. The authors propose specific recommendations end of the article.