The analysis on co-integration testing of foreign direct investment and economic growth in Liaoning province

Based on the theory of co-integration test, this paper analyzes the quantitative relation between Foreign Direct Investment(FDI) and economic growth in Liaoning province. The result shows that there exists long-term steady equilibrium relation between FDI and economic growth in Liaoning province. FDI in Liaoning province contributes to economic growth. In the future, Liaoning province should strengthen absorbing more FDI, and advance the level of opening.