Correlation Analysis of Financial Openness and Trade Dependence in Jiangsu Province
Author:Xiaoxiao Ma, Ling Li Author Unit: Pujiang College, Nanjing University of Technology, Nanjing 211134, Jiangsu, People’s Republic of China
Abstract：This paper calculates the financial openness and trade dependence of Jiangsu province from 2010 to 2018, and
uses SPSSAU software to calculate the correlation between the two, and draws the conclusion that financial
openness has a significant positive impact on trade dependence. In recent years, China has introduced a number
of financial liberalization policies. As a strong foreign economic province, Jiangsu also actively responds to the
national policy. However, financial opening is a double-edged sword. Financial opening will not only promote
import and export trade, but also increase Jiangsus dependence on foreign capital and market.
Keywords：Financial openness; Degree of trade dependence; Correlation; Unitary linear regression
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