地方资本、FDI争夺战与区域经济增长——基于空间面板德宾模型的分析

Local Capital, Scrambing for FDI and Regional Economic Growth--Based on spatial panel durbin model analysis

本文运用1999-2017年的面板数据,建立空间面板德宾模型,分析地方资本争夺FDI过程中,对区域经济增长产生的影响。实证表明,地方资本和FDI都能有效推动本地区和周边地区经济增长。两者相互结合,推动本地经济增长的同时,也对周边地区产生了挤出效应;考虑到地方政府因素后,这种现象仍存在。这说明地方资本和政府争夺FDI的过程中,可能由于恶性竞争等原因而导致资源配置的无效率性。由此建议,引进FDI过程中,应注重资源的合理配置,提高生产要素的效率。

This paper analyzes the behavior of regional capital, basing spatial panel durbin model with the data from 1999 to 2017,which persuing FDI and affacting economic growth. The empirical results show that, regional capital and FDI can push economic growth of native and around regions. And the combination can promote economic growth, but it squeezes out the economic growth of peripheral area with larger scale, and takes government into account, this phenomenon still exists. It shows non-effeciency when regional capital and government behavior fighting for FDI with blind competition. Finally, it’s suggested that resource allocation should be reasonable in the process of investment promotion.