摘要
本文在异质性水平型跨国公司理论的基础上,引入资本需求构建出适宜分析对外直接投资存量区位分布的理论模型。使用2003—2009年中国对世界100多个国家和地区的FDI存量数据的经验分析支持模型的相关预测,即中国FDI存量倾向于流入市场规模大、工资水平低、贸易成本高,以及FDI和出口的固定成本差异程度小的国家和地区。估计结果在子样本分析和各种检验中均保持稳健。
Based on heterogeneous horizontal multinational enterprise theory, we add capital requirements of FDI to construct a theoretical model, which is appropriate to analyze the＂ location distribution of FDI stocks. Using China＇s FDI stock data in more than 100 coun- tries and regions during 2003--2009, empirical analysis support the related prediction of the model, that Chinese FDI stocks tend to flow into countriesand regionswith large size of mar- ket, low wage level, high trade cost, and small difference in the extent of fixed costs between FDI and exports. Inparticular, the results keep robust in two sub-samples and various tests.
出处
《经济学（季刊）》
CSSCI
北大核心
2013年第3期1443-1464,共22页
China Economic Quarterly
