经济距离对中国对外直接投资的影响研究

发布时间：2018-05-04 08:30

本文选题：经济距离 + 对外直接投资　；参考：《重庆师范大学》2017年硕士论文

【摘要】：自中国积极推进“走出去”战略以来,中国对外直接投资(Outward Foreign Direct Investment,OFDI)取得令人瞩目的成就,这激起学者们研究中国对外直接投资的兴趣,相关研究角度集中在中国对外直接投资的寻求动因、区位选择、溢出效应和影响因素等方面,这些研究角度中,经济因素成为研究的焦点。尤其是,母国和东道国的经济发展水平影响我国对外直接投资的研究成为学术界不断探讨的问题。因此,本研究借鉴跨国投资引力模型,以经济距离为本研究的视角,探讨经济距离对我国对外直接投资的影响,为中国对外直接投资的可持续发展提供一定的理论依据和经验参考。本研究对经济距离和对外直接投资的概念做了较为清晰的界定,详细梳理经济因素与对外直接投资的国内外相关文献,以此作为本研究的理论逻辑起点。为了较好地考察经济距离对我国对外直接投资的影响,本研究尝试借鉴引力模型,构建经济距离影响我国对外直接投资的理论模型,提出研究假设。在此基础上,本研究分析经济距离与我国对外直接投资的特征事实,着重考察我国对外直接投资和经济距离的特点,并直观地探讨经济距离与我国对外直接投资的关系,证实经济距离与中国对外直接投资为负向关系。为了得到更为稳健的经验支持,本研究进一步利用2003-2015年间中国对123个国家或地区的对外直接投资面板数据,利用System-GMM估计方法,实证研究经济距离对我国对外直接投资的影响。结果表明,经济距离对中国对外直接投资具有显著的负向影响,即经济距离增加会减少中国对外直接投资的规模。区分不同方向的经济距离后,研究发现正向经济距离显著地正向影响中国对外直接投资,在正向经济距离下,我国对外直接投资借助经济距离发挥竞争优势进入经济相对较小的东道国;负向经济距离显著地负向影响中国对外直接投资,在负向经济距离下,我国对外直接投资进入经济相对发达的东道国,可获得国外先进的科学技术、品牌、专利、管理经验等无形资产,提升未来的国际竞争地位。此外,本研究还从东道国所属区域分组、时间归属分组、“一带一路”沿线国家及不同投资动机下探讨经济距离对中国对外直接投的影响。
[Abstract]:Since China actively promoted the "going out" strategy, China's foreign direct investment (OFDI) has made remarkable achievements, which has aroused scholars' interest in studying China's foreign direct investment. The related research angle focuses on the seeking motivation, location choice, spillover effect and influencing factors of China's FDI. Among these research angles, economic factors become the focus of the research. In particular, the level of economic development in home and host countries has become an issue of constant discussion in academic circles. Therefore, this study draws lessons from the gravity model of transnational investment, and discusses the impact of economic distance on China's foreign direct investment from the perspective of economic distance. It provides some theoretical basis and experience reference for the sustainable development of China's foreign direct investment. In this study, the concepts of economic distance and foreign direct investment are clearly defined, and the relevant literature on economic factors and foreign direct investment is combed in detail, which is regarded as the theoretical logical starting point of this study. In order to investigate the influence of economic distance on China's foreign direct investment (FDI), this study attempts to use gravity model for reference to construct the theoretical model of economic distance influencing China's foreign direct investment (FDI), and puts forward the research hypothesis. On this basis, this study analyzes the characteristics of economic distance and China's foreign direct investment, focuses on the characteristics of China's foreign direct investment and economic distance, and intuitively discusses the relationship between economic distance and China's foreign direct investment. Proved that the economic distance and China's foreign direct investment is a negative relationship. In order to obtain more robust empirical support, this study further uses China's FDI panel data from 2003 to 2015 to 123 countries or regions, and uses System-GMM estimation method to empirically study the impact of economic distance on China's foreign direct investment (FDI). The results show that the economic distance has a significant negative impact on China's foreign direct investment, that is, the increase of economic distance will reduce the scale of China's foreign direct investment. After differentiating the economic distance in different directions, the study found that the positive economic distance had a significant positive impact on China's outward direct investment (FDI), and under the positive economic distance, With the help of economic distance, China's foreign direct investment (FDI) enters the host country with relatively small economy, and the negative economic distance has a significant negative impact on China's foreign direct investment under the negative economic distance. China's foreign direct investment (FDI) enters the relatively developed host country and can obtain foreign advanced science and technology, brand, patent, management experience and other intangible assets, so as to enhance the future international competitive position. In addition, this study also discusses the influence of economic distance on China's direct foreign investment from regional grouping, temporal grouping, "Belt and Road" countries along the route and different investment motivations.
【学位授予单位】：重庆师范大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F125

【参考文献】