贸易成本对中国对外直接投资的影响研究

发布时间：2018-04-10 23:03

本文选题：贸易成本 + 对外直接投资　；参考：《广东外语外贸大学》2017年硕士论文

【摘要】：本文分析了中国对外直接投资现状,尝试在中国对外直接投资的具体背景下,结合相关理论研究双边贸易成本对对外直接投资的影响路径和选择边界,然后从经验证据检验双边贸易成本与中国对外直接投资的关系及影响程度。从理论角度看,以往学者使用传统理论“邻近—集中”权衡效应模型从宏观层面认为贸易成本下降阻碍对外直接投资。这与贸易成本下降,对外直接投资上升的现状相悖。本文从微观角度对“邻近——集中”权衡理论给出一种新的视角,提出了在动态变化的现状中,贸易成本下降可以与对外直接投资上升并行,将中国对外直接投资纳入“邻近——集中”权衡模型中,这也是本文的创新点。同时,通过归纳总结相关理论,从垂直型FDI理论和出口平台型FDI理论入手,解释贸易成本下降与FDI上升并行的现状,在理论层面解释贸易成本下降与对外直接投资上升的现状。在经验证据上,本文利用2003-2014年中国对全球100多个国家的投资面板数据,将双边贸易成本作为核心解释变量引入模型,运用系统GMM两步法实证考察贸易成本对中国对外直接投资的影响。考虑到投资行为具有一定的惯性,进一步引入上期对外直接投资额使用动态面板数据进行回归估计。回归结果显示:双边贸易成本与中国对外直接投资成负相关关系,中国与东道国的双边贸易成本每下降1个百分点,刺激中国对外直接投资上升0.884个百分点。实证结果同样通过了稳健性检验,回归具有一致性,实证证据支持理论结果。因此,认为降低双边贸易成本是推动中国对外直接投资一条切实可行的途径。
[Abstract]:This paper analyzes the current situation of Chinese foreign direct investment, try in the specific background China foreign direct investment, based on related theories of bilateral trade cost impact on foreign direct investment and choose the path boundary, then test the relationship and the impact of bilateral trade cost and Chinese of foreign direct investment from empirical evidence. From a theoretical point of view, the past researchers used the traditional theory "proximity concentration model that the trade-off effect from the macro level, the decline of the trade costs hinder foreign direct investment. This decline and the trade cost, contrary to foreign direct investment status rising. From the micro perspective of" proximity concentration "trade-off theory provides a new perspective, put forward in the dynamic change of the status quo in the decline of the trade costs can be in parallel with the foreign direct investment will rise, Chinese foreign direct investment into the" proximity concentration "right balance In the model, which is the innovation of this paper. At the same time, through summarizing the relevant theory, starting from the vertical FDI export platform theory and FDI theory, to explain the trade cost reduction status of parallel with the increase of FDI, explained in theory the decline of the trade costs rise and the status of foreign direct investment. In the empirical evidence, this paper use 2003-2014 years Chinese to more than 100 countries worldwide investment panel data, the bilateral trade costs as the main explanatory variable into the model, the effect of GMM system on two step demonstration of trade costs on China foreign direct investment. Considering the investment behavior has a certain inertia, further into regression estimation using dynamic panel data on foreign direct investment. The regression results show: bilateral trade costs and Chinese foreign direct investment is negatively related with the host country, China bilateral trade cost Each dropped 1 percentage points, China stimulate foreign direct investment increased by 0.884 percentage points. The empirical results through the same robustness test, regression is consistent, the empirical evidence supports the theoretical results. Therefore, that reducing the trade cost is China promote foreign direct investment in a feasible way.

【学位授予单位】：广东外语外贸大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F832.6;F740.45

【参考文献】