正式与非正式制度对中国吸引外商直接投资的影响——以引力模型为基础的实证分析被引量：15

Effects of Formal and Informal Institutions on Inward Foreign Direct Investment to China ——An Empirical Analysis Using the Gravity Model

原文传递

导出

摘要本文运用引力模型检验了中国的制度变量(正式与非正式制度)对中国吸引外商直接投资(FDI)的影响。实证分析结果表明,中国的关税水平、汇率和政策变量对中国吸引FDI具有正的显著影响,而中国的开放度和知识产权保护程度对中国吸引FDI 具有负的显著影响。政府廉洁程度虽然与中国吸引FDI呈负相关,但在统计上却不显著。 The effects of the formal and informal institutions on inward foreign direct investment (FDI) to China are analyzed using the gravity model in this paper. The empirical result shows that the tariff, exchange rate and policy have positive and significant effects on inward FDI, whereas the openness and intellectual property protection have considerably negative effects on inward FDI in China. The result also indicates that the extent of governmental honesty has negative effects on inward FDI, but it is not significantly marked in statistics.

作者丁辉侠冯宗宪

机构地区西安交通大学经济与金融学院

出处《财贸经济》 CSSCI 北大核心 2005年第12期65-69,共5页 Finance & Trade Economics

基金本文是国家自然科学基金资助项目(批准号70473070)"反倾销壁垒对外国直接投资的作用机理与进入战略选择"的研究成果。

关键词非正式制度外商直接投资引力模型中国正式制度实证分析 Institution, Foreign Direct Investment, Gravity Model

分类号 F224 [经济管理—国民经济]

引文网络
相关文献

参考文献9

1许陈生,夏洪胜.中国外商直接投资的进入模式——对独资倾向影响因素的实证分析[J].财经研究,2004,30(10):31-40. 被引量：28
2潘镇,潘持春.制度、政策与外商直接投资的区位分布——来自中国各地区的经验证据[J].南京师大学报（社会科学版）,2004(3):18-23. 被引量：20
3Alan Benvan, Saul Estrin, Klans Meyer, Foreign investment location and institutional development in transition economies. International Business review, Vol. 13, No. 1,2004, PP.43 - 64.
4Chung Chen, Lawrence Chang and Yinmin Zhang, The Role of Foreign Direct Investment in China's Post- 1978 Economic Development.World Development, Vol. 23, No. 4,1995, pp. 691 - 703.
5Duoglas E. Thomas and Robert Grosse, Country-of-origin Determinants of foreign Direct Investment In an Emerging Market: The Case of Mexico. Journal of International Management, Vol.7, No. 1,2001, pp.59 - 79.
6R. E. Hoskisson, L. Eden, C. M. Lau and M. Wright. Strategy in Emerging Markets. Academy of Management Journal, Vol.43, No.3,2000, pp.249 - 268.
7Klaus E. Meyer, Institutions, Transaction Costs, and Entry Mode Choice in Eastern Europe. Journal of International Business Studies,Vol.32, No.2,2001, pp.357- 367.
8Michael Frenkel, Katja Funke and Georg Stadtmann, A panel analysis of bilateral FDI flows to emerging economies. Economic Systems,Vol.28, No.3,2004, pp. 281- 300.
9Wheeler, David and Ashoka Mody, International Investment Location Decision: The case of U.S. Finns. Journal of International Economics, Vol. 33, No. 1 - 2,1992, pp. 57 - 76.

二级参考文献32

1魏尚进.不透明性的经济成本:外国投资损失以及额外经营成本[J].经济学（季刊）,2001(1):71-82. 被引量：15
2Wei, Shang - Jin. Why Does China Attract so Little Foreign Direct Investment? in Takatoshi Ito and Anne O. Krueger ( eds. ) The Role of Foreign Direct Investment in East Asian Economic Development. Chicago and London: University of Chicago Press, 2000.
3Dunning, J. Multinational Enterprises and the Global Economy. New York:Addison- Wesley Publishing Ltd.
4Dunning, J. Japanese Participation in British Industry. London: Croom Helm, 1986.
5Chen, C. H.. Regional Determinants of Foreign Direct Investment in China's Mainland, Journal of Economic Studies.1996,23(2) :18 -30.
6Agarwal S, Ramaswamis S N. Choice of foreign market entry mode: Impact of ownership, location and internalization factors[J]. Journal of International Business Studies,1992,23(1).
7Anderson E, Gatignon H. Modes of foreign entry: A transaction cost analysis and propsitions[J]. Journal of International Business Studies, 1986,16 (3).
8Beamish P W, Wang H Y. Investing in China via joint venture[J]. Management International Review, 1989,29, (1).
9Brouthers K D. Institutional, cultural and transaction cost influence on entry mode choce and performance[J]. Journal of International Business Studies, 2002,33, (2).
10Brouthers L E, Werner S. Industrial sector, perceived environmental uncertainty and entry mode strategy[J]. Journal of Business Research, 2002,55.