摘要
当前,我国的外国直接投资总额逐年增加,而跨国公司进入模式却发生着转变,倾向于采用独资企业形式。本文在外商直接投资进入模式演化理论的基础上,依据PEST分析框架,收集整理近20年我国的宏观经济数据,初步分析了外商对华投资进入模式选择的影响因素,并建立了多元回归模型。模型回归结论如下:国内经济总量、国内市场开放程度和社会文化发展状况与跨国公司独资倾向呈显著正相关关系,而国内的生产技术水平与跨国公司在华经营的独资化倾向呈负相关关系。
The total amount of Foreign Direct Investment （FDI） in China increases year by year, while the entry mode of multinational enterprises （MNEs） has been changed. More and more MNEs preferred to establish sole-source investment enterprises. After researching on FDI entry mode theories and PEST analytical frame, this study designs a multi-regression model based on the macro-economic data of China in these 20 years. Conclusions of the model are： GDP, foreign trade dependence degree and human development index are positively related with the sole-source investment trend of MNEs＇ FDI in China, and China＇s technology level is negative related with it.
关键词
外国直接投资
实证模型
独资倾向
Foreign Direct Investment
Empirical research model
Tendency of sole-source investment
