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Trade openness and economic growth quality of China: Empirical analysis using ARDL model

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  • Kong, Qunxi
  • Peng, Dan
  • Ni, Yehui
  • Jiang, Xinyue
  • Wang, Ziqi

Abstract

This paper studies the influential relationship between Chinese opening up and economic growth quality in China under exchange rate fluctuation from 1994 to 2018. There is a long-term stable co-integration relationship between opening-up and the quality of economic growth. Trade openness can significantly promote the quality of economic growth in both the short and long term. When the short-term fluctuation deviated from the long-term equilibrium, the quality of economic growth can remain stable through automatic adjustment. The positive impact of trade openness on quality of economic growth had a significant regional heterogeneity and non-linear threshold characteristics.

Suggested Citation

  • Kong, Qunxi & Peng, Dan & Ni, Yehui & Jiang, Xinyue & Wang, Ziqi, 2021. "Trade openness and economic growth quality of China: Empirical analysis using ARDL model," Finance Research Letters, Elsevier, vol. 38(C).
    • Handle: RePEc:eee:finlet:v:38:y:2021:i:c:s1544612319312565
    DOI: 10.1016/j.frl.2020.101488
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    References listed on IDEAS

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