TITLE:
The Economic Growth Effect of Logistics Industry FDI Analysis
AUTHORS:
Yang Wang, Luqian Wang
KEYWORDS:
Logistics, FDI, GDP, Effect
JOURNAL NAME:
iBusiness,
Vol.2 No.4,
December
30,
2010
ABSTRACT: Based on the direction of the international FDI changed, from manufacturing to service industries, we should concern about the influence of the introduction of China’s logistics industry FDI to the national economy. The paper sets up regression model to examine logistics FDI and GDP in two aspects of time series and growth rate, we find that the logistics FDI reaches a high correlation with GDP, and logistics FDI is one of the major driving forces of economic development. Therefore, China should expand the introduction of logistics FDI, improve the quality of foreign investment, develop the positive economic growth effect of logistics FDI and promote the change of China’s economic growth pattern to ensure the development of China’s economy.