美国在华直接投资的引力模型分析

发布时间：2018-04-20 18:02

本文选题：美国对华直接投资 + 引力模型　；参考：《世界经济》2011年05期

【摘要】：本文基于美国跨国公司全球经营规模数据,利用扩展的引力模型估计了中国在美国对外直接投资中的相对地位,并进一步探讨了形成这种地位的原因。结果表明,在控制了东道国经济规模、人均收入水平和贸易成本等因素之后,美国对华投资仍显著低于模型的预测水平,但在制造业内,美国对华直接投资却高于"正常"水平。美国对华的投资障碍主要在服务业。禀赋水平和产业结构因素不仅是形成美国对华投资过低的主要原因,还能解释为什么近期美国对华投资相对规模不断下降。此外,虽然整体而言水平型投资在美国对外直接投资中占主流地位,但在制造业内垂直型投资的特征更强。
[Abstract]:Based on the global business scale data of American multinational corporations, this paper estimates the relative position of China in American foreign direct investment (FDI) by using the extended gravity model, and further discusses the reasons for the formation of this status. The results show that after controlling the host country's economic scale, per capita income and trade costs, the US investment in China is still significantly lower than the forecast level of the model, but in the manufacturing sector, Us direct investment in China is higher than normal. The barrier to American investment in China is mainly in the service sector. The level of endowment and industrial structure are not only the main reasons for the low investment in China, but also explain why the relative scale of American investment in China has been declining in recent years. In addition, although horizontal investment plays a dominant role in OFDI in the United States as a whole, vertical investment in manufacturing is more characteristic.
【作者单位】：南开大学国际经济研究所;
【基金】：教育部人文社科重点研究基地重大课题(2008JJD790126) 南开大学“跨国公司研究创新基地”(985项目)课题(985TNC20060101)的资助
【分类号】：F832.6;F224

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