中国对“一带一路”沿线国家直接投资的出口贸易效应研究

Research on the Export Trade Effect of Direct Investment of China on the Nations along the“The Belt and Road”

将中国对"一带一路"沿线国家的直接投资分为资源寻求型、市场寻求型、效率寻求型和战略配置型四种类型,并利用面板数据构建模型,对不同类型投资的出口贸易效应进行了深入研究。研究表明,中国对"一带一路"沿线国家的对外直接投资均能促进出口,其中,资源寻求型和效率寻求型对外直接投资具有较强的出口创造效应,市场寻求型和战略配置型出口创造效应相对较小。建议进一步加强对资源丰富、具有生产要素比较优势国家和地区的直接投资,同时积极开展对经济发展水平较高国家和新兴经济体的对外直接投资,从而加强同"一带一路"国家的经贸合作,促进出口贸易和经济的进一步发展。

This paper divides the direct investment of China on nations along "The Belt and Road" into four types of resource searching type, market searching type, efficiency searching type and strategic allocation type, uses panel data to build mode, and studies the export trade effect of different investment. The results indicate that: the direct foreign investment can improve export, in which the investment of resource searching type and efficiency searching type have stronger export creation effect, while that of market searching type and strategic allocation type are smaller. We should further strengthen the direct investment in the nations and regions with comparatively advantageous production elements and rich resources, actively implement the direct foreign investment in nations with high foreign economic development level and novel economic entities, and enhance the economic trade cooperation with "The Belt and Road Initiative" nations and improve the further development of export trade economy.