Open AccessAnalysis of the Relationship between International Service Trade and Economic Growth Based on VAR Model
Author(s) -
Shiyi Yang
Publication year - 2019
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1345/6/062001
Subject(s) - openness to experience , trade barrier , international trade , economic integration , competition (biology) , international trade and water , international economics , service (business) , business , international free trade agreement , trade in services , economics , free trade , goods and services , economy , psychology , social psychology , ecology , biology
The rapid development of international trade in services and the focus of international trade competition from goods trade to service trade, international trade in services has become a new engine of economic growth, and gradually become an important aspect of international trade competition. The VAR model analysis of international service trade and economic growth correlation, between the two have a long and stable relationship, improve international service trade openness and international competitiveness of trade in services on economic growth plays a promoting role.