互联网普及对中国企业OFDI区位选择的影响分析——基于东盟国家的实证

The Impacts of Internet Penetration on the Location Choice of OFDI from China——Empirical Analysis of ASEAN Countries

以2003～2016年中国在东盟7国直接投资的面板数据为样本,运用固定效应模型重点考察了东道国互联网普及率对中国企业在东盟直接投资区位选择的影响。研究结果表明,东道国互联网普及率的高低是影响中国跨国企业做出选址决策的重要因素,即东道国互联网普及率越高,中国跨国企业越有可能在该国投资。同时,不同收入水平国家的互联网普及率对中国企业对外直接投资区位选择都有积极的影响,但相比较而言,高收入国家的互联网普及率的高低对跨国企业区位选择的影响要大于中低收入国家。

Based on 2003- 2016 investment panel data of 7 ASEAN countries, fixed effects model is performed to examine the effect of internet penetration on location choice of Chinese enterprises. The empirical results show internet penetration is an important factor which influences the process of Chinese multinational enterprises making location choice. The host country internet penetration effect is positively related to the location choice of Chinese enterprises * direct investment. Where there is higher Internet penetration, the more Chinese multinationals tend to invest in the country. What's more, the Internet penetration of countries with different income levels has a positive impact on the location choice of Chinese FDI in ASEAN. Compared with low- and middle-income countries, the Internet penetration of higK-income countries has a greater impact on the location choice of multinational enterprises.