中国对美国直接投资的影响因素分析

发布时间：2018-03-21 10:34

本文选题：中国对美国直接投资　切入点：影响因素　出处：《天津师范大学》2014年硕士论文　论文类型：学位论文

【摘要】：自改革开放以来,中国开始了外资引进的热潮,为经济增长注入了新的活力。其中,最主要的外资来源地就是美国。随着我国经济的不断发展,中国对美直接投资也开始有了一定的发展。在2008年美国次贷危机之后,许多发达国家受到波及出现了金融危机,全球经济增长速度放缓,发达国家包括美国在内开始积极采取措施吸引外来投资。在此机遇下,中国对美直接投资开始快速增长,但仍然存在着起步晚、规模小、发展不平衡等问题。美国作为世界头号发达国家,拥有着领先世界的科学技术和先进的管理水平,如果中国能够增加对美的投资比重,则会在未来的海外经营以及全球战略中获得长足的发展。本文的主要研究内容是中国对美国直接投资的影响因素。第一章导论部分首先提出了文章的选题背景、理论以及现实意义,并对国内外关于对外直接投资以及中国对美国直接投资的相关文献进行了整理和总结,总体上确立了文章的基本思路。第二章是对外直接投资的相关理论综述,从概念入手对直接投资的相关理论进行了梳理。本文的第三章首先结合我国0FDI发展的阶段性特征分析了我国不同时期对外直接投资的总体特征的变化,之后分别考察中国对美国直接投资的投资规模、投资主体、投资行业及投资方式所表现出的特点以及差异。第四章和第五章是本文的核心部分,首先第四章从政治和经济两个角度对中国对美国直接投资的主要影响因素进行了归类分析,讨论政策、市场、贸易等因素是如何影响我国的对外直接投资的。第五章是论文的实证部分,通过建立时间序列模型,选取人均国民收入、汇率等可量化的影响因素作为变量进行研究,来判断我国对美国直接投资的主要影响因素的影响大小及影响方式,利用各变量的时间序列数据,建立多元线性回归模型,并进行相关性检验、平稳性检验、协整检验和格兰杰因果检验,最终实证分析结论显示,人均国民收入、基础设施建设以及进出口贸易与我国对美国直接投资具有较为显著地正向关系,人民币汇率水平与我国对美国直接投资具有负向影响。最后,本文第六章总结了实证研究结果,并据此从政府的宏观层面和企业的微观角度两个方面提出了相关的政策建议,主要包括建立完善的政策制度,提高行政效率,同时,加强国际间的交流与合作,提高企业的主观能动性以及核心竞争力等方式,以帮助企业更好地进行海外投资活动。
[Abstract]:Since the reform and opening up, China has begun the upsurge of introducing foreign capital, which has injected new vitality into economic growth. Among them, the most important source of foreign investment is the United States. With the continuous development of our economy, China's direct investment in the United States has also begun to develop. In 2008, after the subprime mortgage crisis in the United States, many developed countries were affected by the financial crisis and the global economic growth rate slowed down. Developed countries, including the United States, have begun to take active measures to attract foreign investment. Under this opportunity, China's direct investment to the United States has begun to grow rapidly, but there is still a late start and a small scale. The United States, as the world's number one developed country, has the leading world in science and technology and advanced management. If China can increase its share of investment in the United States, Will in the future overseas operation and the global strategy obtains the considerable development. The main research content of this paper is the influence factors of China's direct investment in the United States. The first chapter introduces the background, theory and practical significance of the article. It also summarizes the relevant literature on foreign direct investment and China's direct investment in the United States, and establishes the basic ideas of the article. Chapter two is a theoretical review of foreign direct investment. The third chapter firstly analyzes the changes of the overall characteristics of China's FDI in different periods in combination with the stage characteristics of China's 0FDI development. After that, the paper examines the characteristics and differences of Chinese direct investment in the United States. Chapter 4th and Chapter 5th are the core parts of this paper. First of all, Chapter 4th classifies and analyzes the main factors affecting China's direct investment in the United States from the political and economic perspectives, and discusses policies and markets. Chapter 5th is the empirical part of this paper. Through the establishment of time series model, we choose quantifiable factors such as per capita national income and exchange rate as variables to study. To judge the influence of the main factors of China's direct investment in the United States and the influence way, using the time series data of various variables, to establish a multivariate linear regression model, and to carry out correlation test and stability test. Cointegration test and Granger causality test, the final empirical analysis results show that the per capita national income, infrastructure construction, import and export trade and China's direct investment in the United States has a relatively significant positive relationship. RMB exchange rate level and China's direct investment in the United States have a negative impact. Finally, chapter 6th summarizes the results of empirical research, and puts forward relevant policy recommendations from the macro level of government and the micro perspective of enterprises. It mainly includes establishing perfect policy system, improving administrative efficiency, at the same time, strengthening international exchanges and cooperation, enhancing subjective initiative and core competitiveness of enterprises, and so on, in order to help enterprises better carry out overseas investment activities.
【学位授予单位】：天津师范大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F832.6

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