东道国治理水平对中国对外直接投资区位选择的影响——基于面板数据模型的实证研究

发布时间：2018-03-01 12:31

本文关键词： 中国对外直接投资区位选择治理水平　出处：《经济与管理研究》2012年06期 　论文类型：期刊论文

【摘要】：本文利用世界银行全球治理指标,研究东道国治理水平对中国对外直接投资区位选择的影响。文章选取75个东道国2007～2009年的面板数据进行计量分析,研究结果发现,在其他变量得到控制的前提下,中国对外直接投资倾向流入治理水平较低的国家,对外投资风险较大。中国对外投资与东道国市场规模呈显著负相关,符合邓宁、韦尔斯等对发展中国家对外投资区位选择的研究。中国对外直接投资与出口呈显著正相关,表明出口是投资的先导,中国企业国际化战略遵循从出口到直接投资的发展路径。
[Abstract]:Using the World Bank's global governance index, this paper studies the influence of host country governance level on the location choice of China's OFDI. The panel data of 75 host countries from 2007 to 2009 are selected for econometric analysis. On the premise that other variables are controlled, China's foreign direct investment tends to flow into the countries with low governance level, and the risk of foreign investment is relatively high. There is a significant negative correlation between China's foreign investment and the market size of the host country, which is in line with Deng Ning. The research on the location choice of developing countries' foreign investment by Wells shows that there is a significant positive correlation between China's foreign direct investment and export, which indicates that export is the forerunner of investment, and the internationalization strategy of Chinese enterprises follows the development path from export to direct investment.
【作者单位】：华中科技大学经济学院;
【基金】：国家社会科学基金项目“资本存量、财产性收入与居民消费的路径演化研究”(08BJL015) 河南省政府决策研究招标课题“开放经济下的河南省出口竞争力研究”(B148) 河南省教育厅人文社会科学研究项目“河南省地区间对外贸易差异的比较研究”(2010-QN-017)
【分类号】：F832.6;F224

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