The Impact of China's Outward Foreign Direct Investment on the Industrial Competitiveness of Host Countries ——Based on the Countries Along the Belt and Road
Ma Sai
School of Economics, Huazhong University of Science and Technology, Wuhan 430074, China
Abstract:Based on the data of China's direct investment in countries along the Belt and Road from 2008 to 2017,this paper analyzes the impact of China's outward foreign direct investment (OFDI)on the industrial competitiveness of 56 countries (regions)along the Belt and Road by constructing the CA index of primary products and industrial manufactured products and the TC index of business services.The study shows that host countries' industrial competitiveness affected by China's OFDI from the largest to smallest is primary products,manufactured goods and business service.China's OFDI has a significant positive influence on the industrial competitiveness of the primary products of the host countries,and has the most positive effect on West Asia and Middle East.In addition,it has a significant negative influence on the industrial competitiveness of manufactured goods.The positive effects on Southeast Asia,the negative effects of Central Asia,Mongolia and Russia,and that of Western Asia and Middle East are close to each other,far exceeding the negative effects on the other 27 countries.Finally,with regard to the business service industry,China's OFDI only has a significant positive influence on Southeast Asia and Central Asia,Mongolia and Russia,and the impact on Central Asia,Mongolia and Russia is the largest.
马赛. 中国对外直接投资对东道国产业竞争力的影响——基于 “一带一路”沿线国家[J]. 中国科技论坛, 2020(7): 180-188.
Ma Sai. The Impact of China's Outward Foreign Direct Investment on the Industrial Competitiveness of Host Countries ——Based on the Countries Along the Belt and Road. , 2020(7): 180-188.
[1]毛其淋,许家云.中国企业对外直接投资是否促进了企业创新[J].世界经济,2014 (8):98-124. [2]蒋冠宏,蒋殿春.我国技术研发型外向FDI的 “生产率效应”——来自工业企业的证据[J].管理世界,2013 (9):44-54. [3]白洁.对外直接投资的逆向技术溢出效应——对中国全要素生产率影响的经验检验[J].世界经济研究,2009 (8):65-70. [4]陈建奇.对外直接投资推动产业结构升级:赶超经济体的经验[J].当代经济科学,2014 (6):71-77. [5]KOGUT B,CHANG S J.Technology,capabilities and Japanese direct investment in the United States[J].Review of economics and statistics,1991 (73):401-413. [6]LICHTENBERG F B.Does foreign direct investment transfer technology a cross borders[J].Reviews of economics and statistics,2001 (3):490-497. [7]BITZER J,KEREKES M.Does foreign direct investment transfer technology across borders?New evidence[J].Economic letters,2008 (3):355-358. [8]李梅.金融发展、对外直接投资与母国生产率增长[J].中国软科学,2014 (11):170-182. [9]BUCKLEY P J,CLEGG L J,CROSS A R.The determinants of Chinese outward foreign direct investment[J].Journal of international business studies,2007 (4):499-518. [10]HERZER D.Outward FDI and economic growth[J].Journal of economic studies,2010,37 (5):476-494. [11]李梅,柳士昌.对外直接投资逆向技术溢出的地区差异和门槛效应——基于中国省际面板数据的门槛回归分析[J].管理世界,2012 (1):21-32. [12]PORTER M E.The competitive advantage of nations:with a new introduction[M].New York:Free Press,1990. [13]张其仔.开放条件下我国制造业的国际竞争力[J].管理世界,2003 (8):74-80. [14]朱彤,孙永强.我国纺织品服装产业出口结构与国际竞争力的实证分析[J].国际贸易问题,2010 (2):25-31. [15]赵东麟,桑百川. “一带一路”倡议下的国际产能合作——基于产业国际竞争力的实证分析[J].国际贸易问题,2016 (10):3-14. [16]秦臻,秦永和.中国高技术产业国际竞争力分析——以航空航天器制造业为例[J].中国软科学,2007 (4):102-108. [17]EZEALA H F.Canada's global competitiveness challenge:trade performance versus total factor productivity measures[J].American journal of economics & sociology,1995,54 (1):57-78.