The Study on the Influence of Fixed Asset Investment and Foreign Trade to the Economic Growth of Ningbo---Based on VAR Model

Abstract

The relationships between fixed asset investments, foreign trade and economic growth have become important issues on today's academia. This article aims at research the interaction between the fixed asset investments, foreign trade and economic growth, and use Ningbo which is an important port city of China for instance, trying to find out the degree of influence. Through using VAR model as the tool of empirical analysis, and finally put forward policy recommendations to the benign development of Ningbo economic based on the three variables.