Proceedings of the 2019 4th International Conference on Financial Innovation and Economic Development (ICFIED 2019)

Determining Macroeconomic Factor of Trade Policy: An Empirical Analysis of South Asia

Authors
Peizhi Wang
Corresponding Author
Peizhi Wang
Available Online February 2019.
DOI
https://doi.org/10.2991/icfied-19.2019.53How to use a DOI?
Keywords
China, FDI, Trade openness, Random effect, Hausman
Abstract
Trade policy debate surrounds within three major uncommon issues. One of them has investigated “whether export-oriented or import-substitutes policies lead to higher-level of economic growth”. The mainstream of research is to contribute in the field of international trade by analyzing the influence of potential variable. We measured the variable in favor of China’s growth with Hausman model which detects endogenous regressor and gives a more precise choice of accuracy in model selection. Pooled OLS regression model, the fixed effect of LSDV and random effect have been applied to see the relationship. The research output presents evidence of trade and exchange rate is positively correlated with economic growth. However, the existence of some neglected trade barriers in South Asian region which may cause to discourage trade openness and unwelcomed to FDI. The output tends to recommend potential feedback to liberalize trade and positively stress on FDI between neighboring countries that have high economic prospects.
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Proceedings
2019 4th International Conference on Financial Innovation and Economic Development (ICFIED 2019)
Part of series
Advances in Economics, Business and Management Research
Publication Date
February 2019
ISBN
978-94-6252-678-5
ISSN
2352-5428
DOI
https://doi.org/10.2991/icfied-19.2019.53How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Peizhi Wang
PY  - 2019/02
DA  - 2019/02
TI  - Determining Macroeconomic Factor of Trade Policy: An Empirical Analysis of South Asia
BT  - 2019 4th International Conference on Financial Innovation and Economic Development (ICFIED 2019)
PB  - Atlantis Press
SN  - 2352-5428
UR  - https://doi.org/10.2991/icfied-19.2019.53
DO  - https://doi.org/10.2991/icfied-19.2019.53
ID  - Wang2019/02
ER  -