外商直接投资与区域经济增长——以广东省为例

The Impact of FDI on Economic Growth in Guangdong

广东省作为改革开放的前沿阵地,其经济增长与外商直接投资(Foreign Direct Investment,FDI)的大量流入密切相关,为了明确不同进入模式的外商直接投资对广东省经济增长的影响,利用广东省1992—2016年中外合资、中外合作和外商独资三种不同进入模式的外商直接投资时间序列数据,采用协整检验、格兰杰因果检验等研究方法。发现三种不同进入模式的FDI与广东省经济发展存在长期协整关系:中外合资型FDI与外商独资型FDI对广东省经济增长有着正向影响,而中外合作型FDI抑制了广东省经济增长。同时,本文还发现外商直接投资是广东省经济增长的格兰杰原因。

As a frontier of reform and opening up,Guangdong Province’s economic growth was closely related to the large inflow of FDI. In order to clarify the impact of different forms of FDI on Guangdong’s economic growth,this paper used time-series data of EJVs,CJVs and WFFEs between 1992 and2016,employing cointegration test,Granger test and other research methods. It found that there was a long-term co-integration relationship between the three different forms of FDI and regional economic growth. Among the three forms of foreign direct investment,EJVs and WFFEs have a positive impact on the economic growth,while CJVs has a negative effect.