政府规模与FDI:基于多国面板数据的实证研究

Size of Government and FDI:An Empirical Analysis Based on the Panel Data of 81 Countries

本文对2002～2006年81个国家的相关观测值进行计量分析,研究一国市场规模、市场潜力、法制环境等因素对FDI的影响,并着重考察政府规模的大小对FDI的作用效果。研究发现,政府规模的扩大有利于吸引FDI流入,并且这种促进作用在发展中国家表现得更为显著。之后对模型进行了稳健性检验并得出一致的结论,该研究结果从新的角度给政府制定有效的引资策略提供了理论基础。

Adopting the fixed effect model of panel data,this paper uses related observations from 81 countries from 2002 to 2006 to analyze the determinants of FDI inflows,including the size of the market,market potential,legal environment and other factors,and focuses on the impact of the government size on the FDI inflows.Results show that the enlargement of government size has a positive effect on the inflows of FDI,and this effect is much more significant in the developing countries.Then,we carry out a stability test and arrive at unanimous conclusions;the findings provide a theoretical basis for a country working out effective national strategy to attract FDI.