我国高技术产业外商直接投资的经济增长效应

An Empirical Analysis Based on Panel Data of High-Technology Industry

利用1998～2006年我国高技术产业的面板数据，从外资的资本供给和技术溢出角度分析了我国高技术产业外商直接投资的经济增长效应。结果表明，FDI的资本供给效应和技术溢出效应在高技术产业发展的不同阶段表现不同，1998—2000年高技术产业FDI对经济增长具有正的技术溢出效应和负的资本供给效应，2001～2006年高技术产业FDI对经济增长的技术溢出效应不再显著，但是资本供给效应为正。在此过程中，人力资本和出口对高技术产业经济增长发挥了显著的促进作用。

This paper researches on the effect of technology spillover and capital supplement of FDI to the economic growth of high - tech industry in China by empirical study based on panel data from 1998 to 2006. The research concludes that the effects aforementioned play different role in different stage. During 1998 - 2008, the spillover effects are positive but the capital supplement effects are negative, during 2001 - 2006, the spillover effects are no longer obvious but the capital supplement effects has changed to be positive. Additionally, human capital and export stimulates economic growth along the way.