Journal of Northeastern University(Social Science) ›› 2015, Vol. 17 ›› Issue (5): 461-467.DOI: 10.15936/j.cnki.1008-3758.2015.05.004

• Economics and Management • Previous Articles     Next Articles

An Empirical Research of the Effects of Entry into WTO upon Chinas Economic Growth

WU Yan-song1, ZHANG Zhi-ming2, FENG Bei3   

  1. (1. School of Economics and Administration, Beijing Forestry University, Beijing 100083, China; 2. School of Economics, Liaoning University, Shenyang 110036, China; 3. School of Economics and Administration, Beihang University, Beijing 100191, China)
  • Received:2015-02-05 Revised:2015-02-05 Online:2015-09-25 Published:2015-11-09
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Abstract: Using the virtual variable regression and cross-variable analysis, this paper makes an empirical research of the effects of entry into WTO upon Chinas economic growth and its conduction paths. The results show that on the whole, entry into WTO has remarkably promoted Chinas economic growth and in terms of specific effect paths, the foreign trade path, the economic restructuring path and the foreign direct investment path exert a significant effect on Chinas economic growth whereas the technology advancement path does not. For a better use of the positive effects of entry into WTO upon Chinas economic growth, it is recommended that China should broaden the level of opening-up, enhance investment intensity, improve investment quality, promote the reform of foreign trade systems and gradually introduce WTO rules to accelerate Chinas marketization.

Key words: WTO, economic growth, economic system reform, technology advancement

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