The Foreign Trade Effects And Mechanism Reseach To China's Ecnomic Growth

The policy of reforming and opening-up has been carried out for over thirty years and during these years, the speed of Chinese economic total scale and foreign trade has kept increasing rapidly. The impact of the foreign trade to our country's economic growth is prominent. Measuring the depth of the effect of the foreign trade to economic growth and going for the mechanism make sense to optimize industry structure, improve economic develoment models and consequetly, promote the economic development more effectively.This article first organizes the relative present condition of domestic and foreigh researches and analyzes the mechanism of foreign trade effects on economic development, that is the foreign trade boosts the economy by promting accumulation of capital, technical advancement, institutional shift and based on that, it builds the extending model of economic development, quantitatively calculates the effect of growth rate of foreign trade to economic development by using CD productive function and introducing trade variable. The results indicates that the foreign trade positively promotes the economic development.Then it quantitatively annalyze the concrete mechanism of foreign trade effects on economic development by econometrics methods such as the Theory of Co integration, the error modification model, Granger causality tests and so on individually. The result of quantitative analysis indicates that the foreigh trade promotes capital accumulation to offer Chinese economic growth a original power;The export is lack of longterm driving force and the technical progress is the important thing of maintaining long periods of economic growth; The import should attach importance to"the quarlity"which is closely bound up with long-term economic development; The labor force resources still have comparative advantages and it is the impulsive force of the trade's constant growth to realize the advancement of comparative advantages.In the end, this article explains the result of the quantitative analysis systematically and puts forward some measures by summarizing the characteristic of foreigh trade and economic growth.