Influence of Economic and Financial Openness in Urban Agglomerations of Major Bay Areas

References

• Aizenman, J. 2003. On the hidden links between financial and trade opening[J]. Journal of International Money and Finance 27 (3):372–86. doi:10.1016/j.jimonfin.2008.01.002.
   Google Scholar
• Amin, S. Unequal development: an essay on the social formations of peripheral capitalism [M]. New York:monthly review press, 1976.
   Google Scholar
• Barro, R. J. Inflation and economic growth[R]. National bureau of economic research, 1995.
   Google Scholar
• Borensztein, E., D. Gregorio, and J. LEE. 1998. How does foreign direct investment affect economic growth? [J]. Journal International Economics 45 (1):115–35. doi:10.1016/S0022-1996(97)00033-0.
   Web of Science ®Google Scholar
• Bornschier, V., C. Chase-dunn, and R. Rubinson. 1978. Cross national evidence of the effects of foreign investment and aid on economic growth and inequality: a survey of findings and a reanalysis [J]. American Journal of Sociology 84 (3):651–83. doi:10.1086/226831.
   Web of Science ®Google Scholar
• Bosworth, B., and S. Collins Capital inflows, investment and growth [J].Tokyo club papers, 1999, 12:55–74.
   Google Scholar
• Bremusf, B. U. C. H. C. M., and C. M. Buch. 2017. Granularity in banking and growth:Does financial openness matter[J]. Journal of Banking and Finance 77 (3):300–16. doi:10.1016/j.jbankfin.2016.04.023.
   Google Scholar
• Brodzicki, T. 2018. The role of openness in economic growth of regions. The perspectives of economic growth and new economic geography theory and empirics. IDEAS Working Paper Series from RePEc; St. Louis
   Google Scholar
• Chang, R., L. Kaltani, and N. V. Loayza. 2009. Openness can be good for growth: The role of policy complementarities. Journal of Development Economics 90 (1):33–49. doi:10.1016/j.jdeveco.2008.06.011.
   Web of Science ®Google Scholar
• Changqiang, L. 2019. Research on the strategic path of the comprehensive opening of the Guangdong-Hong Kong-Macao Greater Bay Area Urban Agglomeration—Based on the measurement of the opening level of Guangzhou and Shenzhen. [J]. Research on Industrial Innovation 20 (6):18–21.
   Google Scholar
• Chen, B., and Y. Feng. 2000. Determinants of economic growth in China: Private enterprise, education, and openness. China Economic Review 11 (1):1–15. doi:10.1016/S1043-951X(99)00014-0.
   Web of Science ®Google Scholar
• Cheng, Y. 2017. The Guangdong-Hong Kong-Macao Greater Bay Area is the fourth largest economy in the Bay Area [N]. Dongguan Daily, March 24. (A12).
   Google Scholar
• Chong, L. 1998. Measurement and comparison of the degree of my country’s opening to the outside World. [J]. Economic Research 44 (1):28–31.
   Google Scholar
• Clemens, M. A., and J. G. Williamson. 2001. A tariff-growth paradox? Protection’s impact the world around 1875-1997. National Bureau of Economic Research 8459. doi:10.3386/w8459.
   Google Scholar
• Clemens, M. A., and J. G. Williamson. 2004. Why did the Tariff–Growth correlation change after 1950? Journal of Economic Growth 9 (1):5–46. doi:10.1023/B:JOEG.0000023015.44856.a9.
   Web of Science ®Google Scholar
• Cuadros, A., V. Orts, and M. Alguacil. 2004. Openness and growth: Re-examining foreign direct investment, trade and output linkages in Latin America. [J]. The Journal of Development Studies 40 (4):167–92. doi:10.1080/00220380410001673238.
   Web of Science ®Google Scholar
• Dierk, H. 2012. How does foreign direct investment really affect developing countries growth? [J]. Review of International Economics 20 (2):396. doi:10.1111/j.1467-9396.2012.01029.x.
   Web of Science ®Google Scholar
• Dollar, D. 1992. Outward-oriented developing economies really do grow more rapidly: Evidence from 95 LDCs, 1976-1985. [J]. Economic Development and Cultural Change 40 (3):523–44. doi:10.1086/451959.
   Web of Science ®Google Scholar
• Edwards, S. 1992. Trade orientation, distortions and growth in developing countries. Journal of Development Economics 39 (1):31–57. https://doi.org/10.1016/0304-3878(92)90056-F.
   Web of Science ®Google Scholar
• Edwards, S. 1993. Openness, trade liberalization, and growth in developing countries. Journal of Economic Literature 31 (3):1358–93.
   Web of Science ®Google Scholar
• Eriṣ, M. N., and B. Ulaṣan. 2013. Trade openness and economic growth: Bayesian model averaging estimate of cross country growth regressions. Economic Modelling 33:867–83. doi:10.1016/j.econmod.2013.05.014.
   Web of Science ®Google Scholar
• Fischer, R., and P. Valenzuela. 2013. Financial openness, market structure and private credit: An empirical investigation[J]. Economics Letters 121 (3):478. doi:10.1016/j.econlet.2013.10.009.
   Web of Science ®Google Scholar
• Frankel, J. A., and D. H. Romer. 1999. Does trade cause growth? American Economic Review 89 (3):379–99. doi:10.1257/aer.89.3.379.
   Web of Science ®Google Scholar
• Hall, R. E., and C. I. Jones. 1999. Why do some countries produce so much more output per worker than others? The Quarterly Journal of Economics 114 (1):83–116. doi:10.1162/003355399555954.
   Web of Science ®Google Scholar
• Henok Arega. 2011 “trade policy and economic growth in sub-Saharan Africa” Addis Abeba university PP1–24
   Google Scholar
• Hong, L., and C. Hongbo. 2007. Research on the correlation between China’s foreign trade openness and economic growth——A dynamic empirical analysis based on the VAR model. [J]. Asia-Pacific Economics 24 (5):77–80.
   Google Scholar
• Huchet, M., C. Le Mouel, and M. Vijil The relationship between trade openness and economic growth: Some new insights on the openness measurement issue,IDEAS Working Paper Series from RePEc; St. Louis,2018 doi: 10.1108/pr-12-2015-0311.
   Google Scholar
• Ibrahim, S., and Tanimu, N. The linkages between trade openness, financial openness and economic growth in Nigeria. IDEAS Working Paper Series from RePEc, St. Louis 2015
   Google Scholar
• Irwin, D. A. tariffs and growth in late nineteenth century america. Working Paper national bureau of economic research, 7639, April,2000. http://www.nber.org/papers/w7639
   Google Scholar
• John, R. 2007. Market access, openness and growth. National Bureau of Economic Research Working Paper Series 13048. doi:10.3386/w13048.
   Google Scholar
• Kim, D.-H., S.-C. Lin, and Y.-B. Suen. 2012. The simultaneous evolution of economic growth, financial development, and trade openness. The Journal of International Trade & Economic Development 21 (4):513–37. doi:10.1080/09638199.2010.497933.
   Web of Science ®Google Scholar
• Lamesgin Biresaw Aniley. The impact of trade openness on economic growth [D] Jiangxi University of Finance and Economics,2021.DOI:10.27175/d.cnki.gjxcu.2021.000440.
   Google Scholar
• Lee, J. W. 1993. International trade, distortions, and long-run economic growth. IMF Econ Rev 40:299–328. doi:10.2307/3867316.
   Google Scholar
• Lee, Y., and R. H. Gordon. 2005. Tax structure and economic growth. Journal of Public Economics 89 (5–6):1027–43. 5–6. doi:10.1016/j.jpubeco.2004.07.002.
   Web of Science ®Google Scholar
• Li Q. Full opening to the outside world and China’s economic development: To improve distribution or promote growth an exploration of economic issues, 2019
   Google Scholar
• Liu, Y. 2014. Research and enlightenment on the economic development of the bay area at home and abroad[J]. City Observation 6 (3):155–63.
   Google Scholar
• Liu Q, Chen Cheng. 2021. China’s one belt, one road direct investment and economic growth along the lines: An empirical study based on the fourth estimation method [J]. Journal of Guangxi University of Finance and Economics 34 (2):92–103+117.
   Google Scholar
• Luis, A. R.-B., and M. R. Paul. 1991. International trade with endogenous technological change. European Economic Review 35 (4):971–1001. doi:10.1016/0014-2921(91)90048-N.
   Web of Science ®Google Scholar
• Ma, Y., and F. Wang. 2018. Financial openness, economic fluctuation and financial fluctuation [J]. The World Economy 41 (2):20–44.
   Google Scholar
• Pernia, E. M., and P. F. Quising. 2005. Trade openness and regional development in a developing country. In Globalization and urban development. advances in spatial science, ed. H. W. Richardson and C. H. C. Bae, 79–94. Berlin, Heidelberg: Springer. doi:10.1007/3-540-28351-X_6.
   Google Scholar
• Qasim, M. H., A. Majid, and A. Jadoon. 2021. Institutional quality, trade openness and economic growth in South Asian economies: some new insights from a panel data analysis A. Research Journal of South Asian Studies (1026–678X), 36 (1).
   Google Scholar
• Quinn, D., and C. Incla. 1997. The origins of financial openness: a study of current and capital account liberalization[J]. American of Journal of Political Science 41 (3):771–813. doi:10.2307/2111675.
   Web of Science ®Google Scholar
• Raghutla, C. 2020. The effect of trade openness on economic growth: Some empirical evidence from emerging market economies. Journal of Public Affairs 20 (3):e2081. doi:10.1002/pa.2081.
   Web of Science ®Google Scholar
• Sachs, J. D., and A. Warner. 1995. Economic reform and the process of global integration. Brookings Papers on Economic Activity 1995 (1):1–118. doi:10.2307/2534573.
   Google Scholar
• Scully, G. W. Taxes and economic growth, national center for policy analysis NCPA Policy Report No. 292, November 2006. http://www.ncpathinktank.org/pdfs/st292.pdf
   Google Scholar
• Shen, Y., and Z. Ma. 2017. building a new pattern of opening to the outside world led by the Bay Area economy—based on the empirical analysis of the degree of openness in the Guangdong-Hong Kong-Macao Greater Bay Area. [N]. Journal of Shanghai Administration Institute 18 (1):83–91.
   Google Scholar
• Solow, P. M. 1956. A contribution to the theory of economic growth [J]. The Quarterly Journal of Economics 70 (1):65–94. doi:10.2307/1884513.
   Web of Science ®Google Scholar
• Stock, J., and M. Watson. 2019. Introduction to econometrics[M]. USA: Pearson.
   Google Scholar
• Stolper, F. W., and P. A. Samuelson. 1941. Protection and real wages. Review of Economic Studies 9 (1):58–73. doi:10.2307/2967638.
   Google Scholar
• Ugurlu, E. 2009. Growth and Openness Relationship in the EU-15: Panel data analysis (May 7, 2009). https://ssrn.com/abstract=3174937 (accessed 2009).
   Google Scholar
• Vasiliki PIgika-Balanika. 2008, “the impact of trade openness on economic growth evidence from developing countries” Erasmus university Rotterdam,PP1–32.
   Google Scholar
• Wendai, L., SPSS statistical analysis (Fourth Edition) [M]. 2003: Publishing House of Electronics Industry.
   Google Scholar
• Yanikkaya, H. 2003. Trade openness and economic growth: A cross-country empirical investigation. Journal of Development Economics 72 (1):57–89. doi:10.1016/S0304-3878(03)00068-3.
   Web of Science ®Google Scholar
• Zhang, X., and Q. Fu. 2011. Analysis and evaluation of the effect of financial opening on China’s economic growth – Based on China’s empirical analysis from 1979 to 2009 [J]. Economic Science 33 (3):5–16.
   Google Scholar
• Zhang, Y., and C. Junkun. 2017. Research on the economic openness of the Guangdong-Hong Kong-Macao Greater Bay Area——Based on the comparative analysis of the Four Bay Areas[J]. City Observation 9 (6):7–13+24.
   Google Scholar
• Zhang, H., and W. Ye. 2015. Xiong Deping Economic growth effect of financial openness – an empirical study based on panel data of 91 countries from 1995 to 2005 [J]. Shanghai Finance 36 (2):9–14.
   Google Scholar
• Zhao, C. 2021. An empirical study on economic growth, trade opening and income distribution—Based on 1998-2019 China interprovincial panel data[J]. Modern Commercial Industry 42 (25):35–37.
   Google Scholar