TITLE:
Research on the Influence of Foreign Trade on Upgrading of Industrial Structure in Shaanxi Province —Empirical Analysis Based on New Silk Road Economic Belt
AUTHORS:
Haizhen Yang, Wenping Zhao
KEYWORDS:
New Silk Road Economic Belt, Foreign Trade, Upgrading of Industrial Structure, Three Industrial Added Values
JOURNAL NAME:
Open Journal of Business and Management,
Vol.4 No.3,
July
28,
2016
ABSTRACT: The construction of the “New Silk Road Economic Belt” will inevitably expand the development
scale of foreign trade in economic belt relevant area. Based on the data from 1990 to 2013 in
Shaanxi Province, this paper analyzes the economic correlation effects of foreign trade on the upgrading
of industrial structure in Shaanxi province by using gray relation analysis method. Results
show that the foreign trade is highly correlated with GDP and three industrial added values.
Moreover, performance of foreign trade and upgrading of industrial structure of Shaanxi Province
are also analyzed by using Co-integration and Granger test. It is found that foreign trade has the
most promotion to the third industry, the second industry follows, and the first industry least.
That is to say, foreign trade of Shaanxi Province is constantly promoting industrial structure shift
from “Two ? Three ? One” model to the “Three ? Two ? One” model.