对中直接投资立地选择因素分析——Gravity Model分析

FDI in China:An Analysis of Its Selective Location Factors by the Gravity Model

利用中国与对中直接投资12个主要国家(地区)的1990年至2006年的面板数据,通过重力模型实证分析对中直接投资的决定因素。结果表明,经济规模对直接投资的吸引起到正面的有益的影响,而距离的增加对直接投资的吸引则有负面影响,虚拟变量的说服力也很高。通过分析,得出两国间贸易额的影响比其他变量的影响更为显著的结果。

The article applies China＇s FDI data on the statistical table concerning 12 major countries and regions from 1990 to 2006,and analyzes the decisive factors in their FDI in China by the Gravity Model. The regression result shows that the economic scale can produces a beneficial effect on FDI,while the longer distance can exert a greater negative impact on it,and the virtual variable is more persuasive. As a result,it concludes that the trade volume between two countries is more influential in FDI than other variables.