摘要
Foreign direct investment (FDI) is deemed to an engine of economic development,but overusing FDI may lead to side effect. Evaluating the crowd\|in or crowd\|out effect of FDI on domestic Investment is an important aspect of evaluating FDI effect. Does FDI crowd out China’s domestic Investment?The author’s answer is positive.The paper puts forward an investment model and an evaluating coefficient (the observation period:1983~1999) and finds out FDI have crowded out China’s domestic Investment.Thus it is necessary to adjust the policy of utilizing foreign capital.
Foreign direct investment (FDI) is deemed to an engine of economic development,but overusing FDI may lead to side effect. Evaluating the crowd\|in or crowd\|out effect of FDI on domestic Investment is an important aspect of evaluating FDI effect. Does FDI crowd out China's domestic Investment?The author's answer is positive.The paper puts forward an investment model and an evaluating coefficient (the observation period:1983~1999) and finds out FDI have crowded out China's domestic Investment.Thus it is necessary to adjust the policy of utilizing foreign capital.
出处
《统计研究》
CSSCI
北大核心
2002年第3期6-8,共3页
Statistical Research
基金
国家社会科学基金项目《今后几年我国利用外资的规模和政策研究)(批准号:99BJY053)研究报告的一都分。