For both Chinese markets, the significance of the country beta and of the error correction term is regime - dependent.

对中国市场来说，国家贝塔值和错误纠正项的重要性紧密相连。

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From the error correction model, We see that the error correction terms all have the ability to adjustment, there are short-to long-term dynamic adjustment processes.

从误差修正模型看，误差修正项均具有反向调整能力，存在短期到长期的动态调整过程。

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The Error Correction Model between them is built by EG two-step method with the correlative long-term effect and short-term effect on import.

并运用EG两步法建立二者之间的误差修正模型，得出了进口对经济增长的短期和长期作用。

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