中国对其他金砖国家直接投资联动效应分析

Analysis on the Coupling Effects of China's Direct Investment on Other BRICS Countries

在金砖国家合作机制背景下,通过分析中国对其他金砖国家直接投资(OFDI)联动效应传导机制,实证研究中国对其他金砖国家已有的OFDI的经济效应。结果表明,中国目前对其他金砖国家直接投资总量还比较有限,但近些年增长速度较快,存在比较大的深度合作空间。实证结果显示:中国的OFDI对各个金砖国家均存在正向联动效应,按大小排序依次是俄罗斯、巴西、印度和南非。其中,对俄罗斯经济产生的联动效应最大,对南非经济产生的联动效应最小。

Under the cooperation mechanism of BRICS,this paper analyzes the coupling effects of China's existing outward foreign direct investment( OFDI) on other BRICS states by analyzing its conduction mechanism. The results show that China's current OFDI contribution to other BRICS economies is quite limited in total but rapid in its annual growth rate. Therefore,there is a large cooperation space for China and other BRICS countries. The empirical findings also indicate that China's OFDI has positive coupling effects on other BRICS countries,the ranking order of the extent of these effects is Russia,Brazil,India and South Africa. Thereinto,Russia is the most affected but South Africa is the least.