服务业FDI管制的差异能否引起双边贸易——基于引力模型的研究

Does the Gap of Service FDI Regulation Leads to Bilateral Trade

服务要素已经成为制造业生产中的重要中间投入。由于服务产品多表现为非贸易品,所以两国服务业发展的差距将导致两国制造业竞争力的差距,从而带来制造业贸易。已有文献一方面发现对服务业FDI的管制会抑制服务业和制造业的发展,另一方面也发现服务产品的贸易成本较高,且对服务业FDI的管制会抑制服务产品的直接贸易。因此,给定其他条件,服务业FDI管制少的国家应该向管制多的国家出口服务要素密集度高的制造业产品。通过理论模型分析以及基于引力方程的实证分析,本文证实了这一结论。

Service has become vital input in manufacturing production. If service is untradeable, the gap of production cost in service sectors between two countries would lead to the gap in manufacturing sectors and further result in merchandise trade. Existing research has found that, on the one hand, service FDI regulation impedes the development of both service and manufacturing sectors; on the other hand, the trade cost of service goods is higher than that of manufacturing goods and service FDI regulation also restrains direct service trade. Hence, given other conditions equal, countries with less service FDI regulation are expected to export more service-intensive manufacturing goods to the ones with more service FDI regulation. This paper verifies the conjecture through theoretical and empirical analysis based on gravity model.