技术收敛、外资异质性与东道国工业绩效

Convergence of Technology, Heterogeneity of Foreign Capital and Industrial Performance of Host Country ——Based on the Analysis of Industrial Panel Data from 2008 to 2014

本文利用2008～2014年两位码分类的中国工业行业分布滞后面板数据,估计了中国工业技术收敛对工业全要素生产率的效应。结果表明:随着中间品使用效率快速提升、交易成本日益减小和行业技能结构的逐渐优化,探索型FDI对工业绩效改善的贡献度越来越大,而利用型FDI对工业绩效改善的贡献呈递减之势。上述结论具有深刻的政策含义:只有积极制定和实施以低效率外资退出为主要内容的差异化引资战略,善于利用外资的退出效应释放新的制度红利,才是提升中国工业国际竞争力的根本保证。

In this paper,the effect of China’s industrial technology convergence on total factor productivity(TFP)is estimated by using the two-digit code classification panel data of China’s industrial industry distribution lag from 2008 to 2014.The results show that,with the rapid improvement of the use efficiency of intermediate products,the decrease of transaction costs and the gradual optimization of industrial skill structure,exploratory FDI contributes more and more to the improvement of industrial performance,while exploitatory FDI contributes less and less to the improvement of industrial performance.The above conclusions have profound policy implications:only by actively formulating and implementing differentiated capital introduction strategies with the withdrawal of inefficient foreign capital as the main content,and being good at utilizing the withdrawal effect of foreign capital to release new system dividends,can the fundamental guarantee be made to enhance the international competitiveness of Chinese industry.