Wang, Yongqing (contributor); Wan, Guanghua (contributor) - 2008
the role of inflow and outflow of foreign direct investment (FDI). The purpose of this paper is to fill in this gap in the … literature by adding FDI to China's trade balance model. Fitting aggregate annual data from 1979 to 2007 to SURE (Seemingly … Unrelated Regression Equations) and later ARDL (Autoregressive Distributed Lags) models, we find that although outflow FDI does …