TITLE:
FDI, Employment, and Economic Growth of Beijing City: Mechanism and Empirical Test
AUTHORS:
Yunmeng Li, Liyan Liu
KEYWORDS:
Employment, FDI, Economic Growth, Mechanism
JOURNAL NAME:
Theoretical Economics Letters,
Vol.9 No.6,
August
29,
2019
ABSTRACT: This study was set out to investigate the linkages
between employment, FDI and economic growth of Beijing city, and the mechanism
of FDI’s impact on employment and the city’s economic growth. Channels of FDI’s
spillover mechanism on employment and economic growth are identified. And based on sixteen district-level data of Beijing city from 2006 to 2017, we use
panel data model to test the linkages between FDI, employment and city’s
economic growth. Findings show that for the six inner-city districts with well-developed
economy structure and city infrastructure, both FDI and Employment have a
positive influence on the economic growth; while for the ten outer-city
districts, economic growth seems to be fueled by employment and fixed capital
investment.