外商直接投资与泛珠三角经济发展关系——基于泛珠三角省际数据的实证分析

An Empirical Research on the Relation between FDI and Economic Growth of the Pan-Pearl River Delta

研究泛珠三角区域FDI对经济增长的贡献以及影响FDI省际差异的因素。利用泛珠三角区域1995-2005年的数据，采用索罗-斯旺经济增长模型，把FDI作为一个独立变量纳入扩展模型中。研究结果表明，近十年来FDI的增长对泛珠区域经济增长的贡献率为5．634％，产出弹性为5．9％。利用2005—2006年泛珠9省平行数据对影响FDI分布因素的实证检验，发现一个区域上一年的固定资产投资规模与外贸依存度很好地解释FDI分布的省际差异。

An econometric analysis was made on contributions and the major factors that had affected the FDI in difference provinces in the Pan-Pearl River Delta. By using the datas from 1995 to 2005, this paper extends the Solow and Swan model by incorporating FDI as an independent value. The conclusions show that the FDI＇ s contribution to economic growth is 5.63%, the output elasticity is 5.9% in the last ten years. The empirical based on the datas of 2005-2006 shows the dependence degree between the riced asset investment of previous year and foreign trade can well explain the provincial differences of FDI defferent distribute in the Pan-Pearl River Delta.