[1]聂爱云,何小钢,黄若伽,等.制度成本与OFDI的贸易效应——基于中国省级面板数据的实证研究[J].江西师范大学学报(自然科学版),2018,(01):31-37.[doi:10.16357/j.cnki.issn1000-5862.2018.01.06]
　NIE Aiyun,HE Xiaogang,HUANG Ruojia,et al.The Institutional Cost and the Trade Effect of OFDI——Empirical Research Based on Chinese Provincial Panel Data[J].Journal of Jiangxi Normal University:Natural Science Edition,2018,(01):31-37.[doi:10.16357/j.cnki.issn1000-5862.2018.01.06]
点击复制

制度成本与OFDI的贸易效应——基于中国省级面板数据的实证研究()
分享到：

《江西师范大学学报》（自然科学版）[ISSN:1006-6977/CN:61-1281/TN]

卷:
期数:
2018年01期
页码:
31-37
栏目:
数量经济学
出版日期:
2018-02-20

文章信息/Info

Title:
The Institutional Cost and the Trade Effect of OFDI——Empirical Research Based on Chinese Provincial Panel Data
文章编号:
1000-5862(2018)01-0031-07
作者:
聂爱云1; 何小钢2; 黄若伽3;  华梦清2
1.江西师范大学政法学院,江西 南昌 330022; 2.江西财经大学产业经济研究院,江西 南昌 330013; 3.南京理工大学经济管理学院,江苏 南京 210094
Author(s):
NIE Aiyun1; HE Xiaogang2;  HUANG Ruojia3; HUA Mengqing2
1.College of Political Science and Law, Jiangxi Normal University, Nanchang Jiangxi 330022, China; 2.Institute of Industrial Economics, Jiangxi University of Finance and Economics, Nanchang Jiangxi 330013, China; 3.School of Economics and Management, Nanjing University of Science and Technology, Nanjing Jiangsu 210094,China
关键词:
制度成本;  OFDI;  贸易效应;  制度门槛效应
Keywords:
institution cost;  OFDI;  trade effect;  effect of institution threshold
分类号:
F 062; F 426; F 114
DOI:
10.16357/j.cnki.issn1000-5862.2018.01.06
文献标志码:
A
摘要:
从母国制度成本入手,将OFDI(Outward Foreign Direct Investment)投资动机、反向溢出理论与制度成本纳入到统一的分析框架内,探讨制度成本对OFDI投资动机、反向溢出的具体影响机制与效应.采用中国省级面板数据实证研究发现:在控制地区市场化程度之后,OFDI对母国的贸易效应不再为正,而是转为显著的负面效应; OFDI对母国的反向溢出及其贸易效应具有显著的“制度门槛”特征; OFDI对母国的贸易效应依赖于母国制度环境,地区市场化程度越高,OFDI对地区贸易的促进效应越强.降低制度成本对于促进对外开放与国内经贸的良性互动至关重要.
Abstract:
The specific impact mechanism and effecthow the institutional costs influence OFDI investment motive, reverse spillover effect and how the institutional cost influence the trade effect of OFDI are discussed through combining the OFDI investment motivation theory,reverse spillover theory and institutional environment into a unified analysis framework from the angel of home country institutional environment. Furthermore, an empirical test on the above mechanism is analyzed by using China's provinces panel data from 2003 to 2010. The estimation results show that the trade effect of OFDI f is no longer positive, or even to turn into a significant negative effect under the condition of controlling the degree of marketization. It is shown that the home country's reverse spillover effect and the trade effect of OFDI have the significant effect of "institution threshold" characteristic.The trade effect of OFDI on the home country is implemented by the local institutional quality improved. There will be a remarkable increase of trade effect of OFDI with the improvement of regional marketization. It is also shown that the improvement of the regional institutional quality is the key to promote the positive interaction between the opening and the domestic economy.

参考文献/References:

[1] Buckley P J, Cross A R, Tan Hui, et al.Historic and emergent trends in Chinese outward direct investment [J].Management International Review,2008,48(6):715-748.
[2] 裴长洪,郑文.国家特定优势:国际投资理论的补充解释 [J].经济研究,2011(11):21-35.
[3] 蒋冠宏,蒋殿春.中国企业对外直接投资的“出口效应” [J].经济研究,2014(5):160-173.
[4] 胡兵,乔晶.中国对外直接投资的贸易效应:基于动态面板模型系统GMM方法 [J].经济管理,2013(4):11-19.
[5] 王胜,田涛,谢润德.中国对外直接投资的贸易效应研究 [J].世界经济研究,2014(10):80-86.
[6] 张春萍.中国对外直接投资的贸易效应研究 [J].数量经济技术经济研究,2012(6):74-85.
[7] 陈俊聪,黄繁华.中国对外直接投资的贸易效应研究 [J].上海财经大学学报,2013,15(3):58-65.
[8] Buckley P J,Casson M.The optimal timing of a foreign direct investment [J].The Economic Journal, 1981,91(361):75-87.
[9] Blonigen B A.In search of substitution between foreign production and exports [J].Journal of international economics,2001,53(1):81-104.
[10] Blonigen B A.A review of the empirical literature on FDI determinants [J].Atlantic Economic Journal,2005,33(4):383-403.
[11] 项本武.中国对外直接投资的贸易效应研究:基于面板数据的协整分析 [J].财贸经济,2009(4):77-82.
[12] 聂爱云,陆长平.制度质量与FDI的产业增长效应:基于中国省级面板数据的实证研究 [J].世界经济研究,2014(4):80-86.
[13] Witt M A,Lewin A Y.Outward foreign direct investment as escape response to home country institutional constraints [J].Journal of International Business Studies,2007,38(4):579-594.
[14] Meyer K E,Estrin S,Bhaumik S K,et al.Institutions,resources,and entry strategies in emerging economies [J].Strategic Management Journal,2009,30(1):61-80.
[15] Meyer K E,Mudambi R,Narula R.Multinational enterprises and local context:The opportunities and challenges of multiple embeddedness [J].Journal of Management Studies,2011,48(2):235-252.
[16] Peng Mike W,Wang Denis Y L,Jiang Yi.An institution-based view of international business strategy:A focus on emerging economies [J].Journal of International Business Studies,2008,39(5):920-936.
[17] Dunning J H,Lundan S M.Institutions and the OLI paradigm of the multinational enterprise [J].Asia Pacific Journal of Management,2008,25(4):573-593.
[18] North D C.Structure and change in economic history [M].New York:W W Norton Co,1981.
[19] Ang S H,Benischke M H,Doh J P.The interactions of institutions on foreign market entry mode [J].Strategic Management Journal,2015,36(10):1536-1553.
[20] 聂爱云,陆长平.制度约束、外商投资与产业结构升级调整:基于省际面板数据的实证研究 [J].国际贸易问题,2012(2):136-145.
[21] 樊纲,王小鲁,朱恒鹏.中国市场化指数:各地区市场化相对进程2011年报告 [M].北京:经济科学出版社,2011.
[22] Wooldridge J M.Econometric analysis of cross section and panel data [M].London:MIT Press,2003:352-356.
[23] 聂爱云,陆长平.OFDI、市场分割与国际贸易:基于中国省级面板数据的实证研究 [J].中南财经政法大学学报,2016,215(2):115-121.

备注/Memo

备注/Memo:
收稿日期:2017-06-20
基金项目:国家自然科学基金(71663033, 71463022),教育部人文社科青年基金(14YJC790090),江西省自然科学基金(2017BAA208023)和江西省教育厅科技课题(GJJ150472,GJJ150368)资助项目.
作者简介:聂爱云(1978-),女,江西新干人,副教授,博士,主要从事OFDI、制度与企业创新的研究.E-mail:nieaiyun@126.com
更新日期/Last Update: 2018-02-20