人民币汇率变化与外商直接投资之间的关系——基于引力模型的面板数据(2005-2009)分析

The Relationship between Changes in the RMB Exchange Rate and FDI in China —Panel Data (2005-2009) Analysis based on the Gravity Model

本文是建立在引力模型的基础上,结合30个省市自治区各自的外商直接投资数据及GDP数据,针对人民币汇率变化与我国各省外商直接投资之间的联系进行面板数据分析,指出东道国和母国经济发展水平都具有重要影响,并提出了相应的政策建议。

Based on the gravity model,the article uses the FDI data and GDP data of 30 provinces and autonomous regions respectively,and conducts panel data analysis of the relationship between the changes in the RMB exchange rate and the FDI in each province of China.The article points out that the level of economic development of the host country and the home country both have important influence,and then puts forward policy recommendations.