金融发展视角下FDI溢出效应对贸易增长的影响研究

发布时间：2018-06-09 03:46

本文选题：金融发展 + 贸易增长　；参考：《陕西师范大学》2013年博士论文

【摘要】：在金融发展视角下,FDI、国际贸易与经济增长的关系成为经济学领域研究的热点问题。金融发展对于FDI溢出效用促进经济增长的文献逐渐增多,在内生增长理论的基础上,随着FDI进入数量增多,引入外资企业获得的技术外溢效应越多,东道国通过FDI的技术溢出效用越增加,本国的贸易增长效用越大。经济一体化的加快,金融市场与贸易在不同地域间产业的融合与互动关系日益加剧,金融、FDI与贸易的关系越来越引起学者们的重视,金融发展能否通过FDI影响对外贸易?金融发展如何影响一国的贸易结构,促进一国的经济增长?尤其是否促进我国外贸出口的规模增长和外贸出口的结构的优化?影响的机理和途径是什么?这些问题都是金融发展理论和国际贸易理论中的前沿问题。本文构建了金融发展、FDI影响贸易增长的理论框架,力求在前人研究的基础上,归纳出金融发展如何通过FDI对贸易增长影响的机理体系。并对贸易增长影响因素进行分析,并分别建立了金融发展、FDI对贸易影响的机理与传导模型。在模型分析上,从宏观经济视角运用VAR模型对金融发展和FDI两个变量、与贸易增长的关系进行分析和协整检验。从地域视角对各区域金融发展的对贸易效应进行了实证检验,并分析金融发展规模、效率及金融市场对贸易发展的规模和外贸出口商品结构发展的差异性影响程度。进一步从产业结构与升级视角检验了金融发展我国对贸易影响的传导途径,利用增长理论、规模经济、融资规模对制造业出口结构影响的作用机理,进一步探寻金融发展如何影响我国贸易的增长,通过金融市场的发展带动贸易结构的优化,促进经济增长的可持续性。本文主要以内生增长理论、金融深化理论等相关理论为研究基础,并结合实证研究方法,试图探究不同金融发展水平下,FDI溢出效应对促进贸易增长、经济增长的影响途径。在金融发展视角下,FDI溢出效应通过不同路径来推动我国贸易的增长,进而促进国家的经济增长,由于我国金融市场发展的不完善性,金融市场促进FDI溢出效应的作用并不显著。金融发展对FDI的技术进步的影响不显著,因此需要国家重视贸易政策,加大对贸易的支持力度,促进金融市场的发展和金融结构的完善,增强金融市场的效率促进FDI溢出的技术吸收能力。进一步发展我国金融体系以促进FDI的经济溢出效应,增进贸易增长,增强经济增长的可持续性,并提出了相应的政策建议。本文的主要创新点在于： (1)构建了金融发展对贸易增长影响的机理框架。在理论综述和比较分析的基础上,结合金融发展理论、FDI溢出效应理论和国际贸易理论,分析金融发展前提下,FDI溢出效用对贸易发展的影响路径,建立本研究的理论框架。 (2)基于金融发展、FDI溢出对贸易的影响机理和传动路径的分析,以国家、地域、产业三个视角利用面板数据,通过建立多变量VAR模型,协整检验、Granger因果关系检验等方法进行实证检验。对金融发展影响贸易增长进行建模研究,使用单位根检验过程与独立回归的判别标准,对其影响关系进行相关问题的验证。研究结论支持了金融发展和贸易增长之间理论上存在的关系,不同层面的检验表明传动机理的影响过程有一定的差异。
[Abstract]:From the perspective of financial development, FDI, the relationship between international trade and economic growth has become a hot issue in the field of economics. The literature on financial development has increased gradually for the economic growth of FDI spillover. On the basis of the endogenous growth theory, the more technological spillover effects of foreign enterprises are gained with the increasing of the number of FDI. The greater utility of FDI's technology spillover, the greater the utility of trade growth in the country, the faster economic integration, the increasing integration and interaction between the financial market and trade in different regions. The relationship between finance, FDI and trade has aroused more and more attention of scholars. Can financial development affect foreign trade through FDI? How does financial development affect the structure of a country's trade and promote the economic growth of a country, especially whether it promotes the growth of the export of foreign trade and the optimization of the structure of the export of foreign trade? What are the mechanisms and ways of the influence? These are the frontiers in the theory of financial development and the theory of international trade.
This paper constructs the theoretical framework of the financial development and the influence of FDI on trade growth. On the basis of the previous research, this paper sums up the mechanism of how the financial development affects the growth of trade through FDI, and analyzes the factors affecting trade growth, and establishes the mechanism and conduction model of the financial development, the effect of FDI on Trade and the model. On the basis of the macro economic perspective, the VAR model is used to analyze the relationship between financial development and the two variables of FDI and trade growth. The empirical test is made on the trade effect of the regional financial development from the regional perspective, and the scale of the financial development, the efficiency and the scale of the trade development and the export of the foreign trade are analyzed. Further from the perspective of industrial structure and upgrading, this paper examines the channel of financial development of China on trade impact, the mechanism of the effect of growth theory, scale economy and financing scale on the export structure of manufacturing industry, and further explore how financial development affects the growth of China's trade. The development of financial market promotes the optimization of trade structure and promotes the sustainability of economic growth.
This paper is based on the theory of endogenous growth, financial deepening theory and other related theories, and tries to explore the ways of the effect of FDI spillover effect on promoting trade growth and economic growth under different financial development levels.
From the perspective of financial development, the FDI spillover effect promotes the growth of China's trade through different paths and further promotes the economic growth of the country. Due to the imperfection of the development of the financial market in China, the role of the financial market to promote the FDI spillover effect is not significant. The effect of financial development on the technological progress of FDI is not significant, therefore, the country needs to be emphasized. According to the trade policy, we should strengthen the support for trade, promote the development of the financial market and improve the financial structure, enhance the efficiency of the financial market and promote the technological absorptive capacity of the FDI spillover. Further develop our financial system to promote the economic spillover effect of the FDI, enhance the growth of the trade and enhance the sustainability of the economic growth, and put forward the phase of the economic growth. Policy recommendations.
The main innovations of this paper are as follows:
(1) the mechanism framework of the impact of financial development on trade growth is constructed. On the basis of theoretical review and comparative analysis, combining the theory of financial development, FDI spillover effect theory and international trade theory, the path of FDI spillover effect on trade development is analyzed under the premise of financial development, and the theoretical framework of this study is established.
(2) based on the financial development, the analysis of the influence mechanism and transmission path of FDI spillover on trade, using panel data from three perspectives of state, region and industry, through the establishment of a multivariable VAR model, co integration test, Granger causality test and other methods, model research on the growth of gold and thaw development affecting trade growth and the use of unit root The test process and the independent regression criterion are used to verify the related problems. The conclusions support the theoretical relationship between the financial development and the trade growth, and the different levels of the test show that the influence process of the transmission mechanism is different.
【学位授予单位】：陕西师范大学
【学位级别】：博士
【学位授予年份】：2013
【分类号】：F752;F832

【参考文献】