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Granger causality tests among openness to international trade, human capital accumulation and economic growth in China: 1952-1999

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  • Wong Hock Tsen
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    Abstract

    This study examines Granger causality among openness to international trade, human capital accumulation and economic growth in China using time series data over the period from 1952 to 1999 and a sub-period, i.e. a period from 1978 to 1999. For the 1952-1999 period, economic growth is found to Granger cause human capital accumulation and not vice versa. For the 1978-1999 period, economic growth and openness to international trade, economic growth and human capital accumulation, and human capital accumulation and openness to international trade are found to have bidirectional Granger causality, respectively. Thus, there is a dynamic relationship among openness to international trade, human capital accumulation and economic growth. The experience of economic reform in China could be an example to other developing countries.

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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal International Economic Journal.

    Volume (Year): 20 (2006)
    Issue (Month): 3 ()
    Pages: 285-302

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    Handle: RePEc:taf:intecj:v:20:y:2006:i:3:p:285-302

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    Related research

    Keywords: Openness to international trade; human capital accumulation; economic growth; China; Granger causality;

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    Cited by:
    1. Shahbaz, Muhammad, 2012. "Does trade openness affect long run growth? Cointegration, causality and forecast error variance decomposition tests for Pakistan," Economic Modelling, Elsevier, vol. 29(6), pages 2325-2339.
    2. Anupam Das & Biru Paksha Paul, 2011. "Openness and growth in emerging Asian economies: Evidence from GMM estimations of a dynamic panel," Economics Bulletin, AccessEcon, vol. 31(3), pages 2219-2228.
    3. Chang, Yu-Hern & Chang, Yu-Wei, 2009. "Air cargo expansion and economic growth: Finding the empirical link," Journal of Air Transport Management, Elsevier, vol. 15(5), pages 264-265.

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