A Statistical Model for China's Degree of Foreign Trade Dependence
Wei Yu and Jusong Yu
Journal of Social Sciences
This study studies China's degree of Foreign Trade Dependence (FTD), which shows a persistent increasing tendency from 1981 to 2009. The speed and scope of its increasing exceed those of many other countries since the practicing of the reform and open policy. One of the reasons we cannot ignore is the rapid development of processing trade. To analyze this influence, we use an exponential model and a quadratic model to analyze some data sets of trade. Finally we result that the processing trade can explain our high FTD to a great extent, but the levels that FTD depends on processing trade are not the same in different periods.
© 2019 Wei Yu and Jusong Yu. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.