区域城镇化差异对FDI空间集聚的影响——基于省级面板数据的GMM估计

The Impact of Regional Urbanization Differences on FDI Spatial Agglomeration——GMM Estimation Based on Provincial-level Panel Data

随着我国进入城镇化高速发展的新时期,城镇化逐渐展现出其开放性的特点,其对FDI的空间分布具有较大的影响作用。文章利用全国30个省级城市2004-2013年的面板数据,运用广义矩动态面板模型分析城镇化水平区域差异对我国FDI空间分布的影响。结果表明,人口城镇化水平在中部地区与FDI呈显著正向关系、产业城镇化水平在东、中、西地区对FDI均呈现明显负向影响,土地城镇化水平对东部和中部地区FDI的数量和分布产生显著正向影响。因此,本研究有利于从城镇化的角度,制定合理的外商引资政策,在推进城镇化建设的过程中,缩小FDI区域分布的差异。

Along with China enters the new period of high-speed development of urbanization, the urbanization gradually presents its characteristics of openness, which has a great influence on the spatial distribution of FD1. By using the panel data of 30 provincial-level cities in China from 2004 to 2013, the paper applies GMM dynamic panel model to analyze the impact of the regional differences of urbanization level on the spatial distribution of FDI in China. The results show that the level of population urbanization has a significant positive relation with FDI in the central region, the level of industry urbanization has a remarkable negative impact on FDI in eastern, central and western China, and the level of land urbanization has an ob- vious positive impact on both the quantity and the regional distribution of FDI in eastern and central China. Therefore, this study, from the perspective of urbanization, facilitates to formulate the reasonable policies of foreign investment and narrow regional distribution differences of FDI in the process of urbanization construction.